Elon Musk Calls Tesla’s New Car Factories ‘Gigantic Money Furnaces’

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Elon Musk Calls Tesla’s New Car Factories ‘Gigantic Money Furnaces’
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Elon Musk called Tesla's plants in Germany and Texas “gigantic money furnaces' that are 'losing billions of dollars' in an interview released Wednesday

Tesla Inc.’s two newest car factories have been losing billions of dollars as supply-chain disruptions and battery-cell manufacturing challenges limit the company’s ability to increase production, Elon Musk said in a recent interview.

The company’s plants in Germany and Texas, which opened earlier this year, are “gigantic money furnaces,” the Tesla chief executive said in

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