Musk Says Tesla ‘Losing Billions,’ Trying Not to Go Bankrupt - Asia Financial

The Tesla chief executive said a shortage of batteries and machinery tools stuck in Chinese ports is taking a big toll on output and revenue.

Tesla is “losing billions of dollars” at its new factories in the US and Germany and is trying not to “go bankrupt,” said chief executive Elon Musk, adding that China’s supply chain disruptions are a… [+2114 chars]

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