Musk says Tesla's new car factories 'losing billions of dollars'

Musk says Tesla’s new car factories ‘losing billions of dollars’

SAN FRANCISCO, June 22 (Reuters) – Tesla Inc’s (TSLA.O) new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to ramp up production due to battery shortages and problems with China’s ports, said Chief Executive Elon. Musk said in an interview published Wednesday. “Both the Berlin and Austin factories are …

Musk says Tesla’s new car factories ‘losing billions of dollars’ Read More »