Musk says new Tesla plants are 'money furnaces', losing billions - The Australian Financial Review

The comments offer new insight into Tesla’s operations in the days leading up to Musk’s decision to cut costs by laying off employees.

Elon Musk said Teslas new plants in Germany and Texas are losing billions of dollars as the electric-vehicle maker tries to ramp up production. Both Berlin and Austin factories are gigantic money fu… [+1430 chars]

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