Elon Musk says Tesla’s new car factory “has lost billions of dollars”

San Francisco — Tesla New car Factories in Texas and Berlin are “lost billions of dollars” as they struggle to increase production due to shortages. battery When China Port issue, CEO Elon Musk I said in an interview published on Wednesday.

“Berlin and Austin factories are both huge gold kettles right now. Is that okay? It’s really like a huge roar. It’s the sound of fire money,” Musk said in an interview. Tesla May 31st, owner of Silicon Valley, Tesla’s official club in Austin, Texas.

The club divided the interview with Musk into three parts, the last part being released on Wednesday.

According to Musk, Tesla’s Texas plant is “minority” due to the challenge of increasing production of the new “4680” battery and the “stagnation of tools for manufacturing traditional 2170 batteries” in Chinese ports. It is said that it produces cars. “This will all be fixed really fast, but it requires a lot of attention,” he said.

He said the Berlin factory is “in a slightly better position” because it started with the use of traditional 2170 batteries in the cars manufactured there.

Seeking to “do not go bankrupt”

He said the COVID-19-related shutdown in Shanghai was “very, very difficult.” He said the shutdown had affected car production not only at Tesla’s Shanghai plant, but also at the California plant, which uses some auto parts made in China.

According to an internal note seen by Reuters, Tesla will shut down most of its Shanghai plant in the first two weeks of July and will work on site upgrades to increase production.

“The last two years have been an absolute nightmare of supply chain disruptions, and they’re happening one after another. We haven’t overcome that yet,” Musk said.

Tesla’s overwhelming concern is “how do we keep our factories running so we pay people and don’t go bankrupt?”

Earlier this month, Musk said he had “very bad feelings” about the economy and that the company needed to cut staff by about 10% and “suspend all hiring around the world.” Earlier this week, he said a 10% reduction in Tesla office workers would occur in three months.

Tesla began production at its Berlin and Texas plants earlier this year. Both are important to top growth ambitions. Electric car Manufacturer.

Musk said he expects Tesla to start producing cybertrucks. Electric pickup truckWas postponed to mid 2023.

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Elon Musk says Tesla’s new car factory “has lost billions of dollars”

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