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Elon Musk Calls Tesla’s New Auto Plants ‘Gigantic Money Furnaces’

You’re here two newer auto plants have lost billions of dollars as supply chain disruptions and battery cell manufacturing issues limit the company’s ability to ramp up production, Elon Musk said in a recent interview.

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