“Both the Berlin and Austin factories are giant money ovens right now. Okay? Is it really like a giant roar, which is the sound of money being burned,” Musk said in an interview with Tesla Owners of Silicon Valley. , an official Tesla-recognized club in Austin, Texas on May 31. The club divided its interview with Musk into three parts, the last of which was released on Wednesday. Sign up now for FREE unlimited access to Reuters.com Register Musk said Tesla’s Texas plant is producing a “tiny” number of cars because of the challenges in boosting production of the new 4680 batteries and as the tools for making conventional 2170 batteries are “stuck in the port of China.” read more “This will all be fixed very quickly, but it requires a lot of attention,” he said. She said her factory in Berlin was in a “slightly better position” because she started using traditional 2170 batteries for cars built there.
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He said the COVID-19-related outages in Shanghai “were very, very difficult”. The closure affected car production not only at Tesla’s Shanghai plant, but also at its plant in California, which uses some vehicle parts made in China, he said. read more Tesla plans to suspend most of its production at its Shanghai plant in the first two weeks of July to work on a site upgrade to boost production, according to an internal note seen by Reuters. “The last two years have been a complete supply chain holiday nightmare, one after the other, and we are not over yet,” Musk said. Tesla’s overwhelming concern, he said, is “How can we keep factories running so we can pay people and not go bankrupt?” Musk said earlier this month that he had a “super bad feeling” about the economy and that the company needed to cut staff by about 10% and “stop hiring around the world.” Earlier this week, he said a 10% cut in Tesla’s paid staff would occur within three months. read more Tesla began production earlier this year at its plants in Berlin and Texas, both of which are critical to the development ambitions of the leading electric car maker. Musk said he expected Tesla to start production of the delayed Cybertruck electric trucks in mid-2023. Sign up now for FREE unlimited access to Reuters.com Register Report by Hyunjoo Jin in San Francisco and Joe White in Detroit Editing by Leslie Adler and Matthew Lewis Our role models: The Thomson Reuters Trust Principles.
