Tesla: Elin Musk says Austin and Berlin factories “lose billions of {dollars}”

The sky will not be fully blue for Tesla. While the electrical automotive maker is doing higher and higher with a 3.3 billion revenue within the first quarter of 2022 and the launch of Gigafactory in Berlin in March, it is going to definitely face important challenges. This is principally as a result of world scarcity of semiconductors and the return of the Covid-19 epidemic in China which is weighing on the account of the American agency.

In this context, the losses are proving to be significantly heavy for Tesla in the meanwhile. In a video interview with Silicon Valley Tesla homeowners, Elon Musk assured that his new factories in Austin and Berlin “Lose billions of {dollars}”. To clarify this example, the American billionaire talked about the problem in supplying batteries to China and the issues of the port.

The new 4680 battery slows down Tesla

The caustic tone that characterizes him, Elon Musk didn’t go overboard to summarize the present state of affairs. “The factories in Berlin and Austin at the moment are big cash furnaces. Right? It’s actually like an enormous roar, just like the sound of cash burning.”Elon Musk stated throughout the interview.

In element, the bosses of Tesla and SpaceX point out that the electrical automotive maker is producing a “Small” Due to the problem in growing the manufacturing of its new 4680 batteries and its conventional 2170 battery making gear are “Trapped in a Chinese port”. “All this might be resolved in a short time, but it surely requires lots of consideration.”What he has introduced.

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10% of the workforce fired

The entrepreneur talked about that he had a manufacturing unit in Berlin “Slightly higher place”, Since it began utilizing conventional 2170 batteries in its manufacturing line. Launched final March, manufacturing of the Model Y on the Berlin Gigafactory has reached 1,000 copies in only one week. However, this symbolic bar ought to have been handed by the tip of April 2022. If Berlin maintains this milestone of 1,000 vehicles / week, about 50,000 vehicles might be added to the American producer’s annual manufacturing. This surplus of Model Y will alleviate the Shanghai Gigafactory, which might due to this fact deal with the Chinese market and the encircling areas.

Despite hopes that the state of affairs is bettering, this isn’t the time to rejoice at Tesla. Just a few weeks in the past, Elon Musk instructed firm executives that he needed to put off 10% of his workforce, or about 10,000 employees. “Very unhealthy feeling” On the financial system. “How can we preserve factories paying folks and not go bankrupt?”He requested Tesla homeowners in Silicon Valley. “The final two years have been one of nightmares of provide chain disruption, one factor after one other, and we’ve not gotten out of it but.”He added.

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