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Tesla's new factories are 'gigantic money furnaces,' Elon Musk says - MarketWatch

Tesla's new factories are 'gigantic money furnaces,' Elon Musk says - MarketWatch

Tesla's new factories are 'gigantic money furnaces,' Elon Musk says - MarketWatch
Jun 22, 2022 21 secs

The company’s plants in Germany and Texas, which opened earlier this year, are “gigantic money furnaces,” the Tesla chief executive said in a May 30 interview with a Tesla owners’ club that was released Wednesday.

“Overwhelmingly our concern is, how do we keep the factories operating so we can pay people and not go bankrupt?” Musk said in the interview.

He added that he expected Tesla to resolve these problems quickly.

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