Musk: Tesla plants in Grunheide and Texas are losing billions

“cash incinerators”

Musk: Tesla crops in Grunheide and Texas are dropping billions

dpa / P.Pleul

Audio: rbb24 Inforadio | 06/23/2022 | Mario Partch | image: dpa / P.Pleul

Tesla President Elon Musk just lately introduced that 1000’s of jobs shall be lower worldwide. In accordance with rbb’s data, Grünheide shouldn’t be affected. Now the positioning in Brandenburg has been described as a “large cash holocaust”.

In accordance with CEO Elon Musk, Tesla’s new electrical automotive crops in Grunheide (Oder Spree) and Texas are at present dropping “billions of {dollars}.” In a video interview with an affiliation near Tesla, Musk described the websites as “large cash incinerators.”

“It actually is sort of a big roar, the sound of cash blazing,” Musk continued. The issues are brought on by the shortage of batteries and the disruption of the provision chain because of the closure of Chinese language ports.

In Texas, solely only a few automobiles will ever roll off the meeting line proper now. Musk mentioned there are difficulties in rising manufacturing of the 4,680 new batteries and instruments wanted to make 2,170 typical batteries “caught at a port in China”. The plant in Grünheide is in a “barely higher place” as a result of typical 2170 batteries have been put in from the beginning.

The interview was already carried out on Could 31

In accordance with Musk, the previous two years have been an “absolute nightmare” as a result of provide chain disruptions and ongoing new issues. “We’re not executed with it but,” the Tesla boss warned. Now, Musk says, it is about conserving the corporate working so workers can proceed to be paid and the group would not go bankrupt.

The interview with the “Tesla Homeowners of Silicon Valley” fan membership came about on Could 31, however the phase with the most recent pronouncements has simply been streamed on-line.

Economic system Minister Brandenburg not stunned

Brandenburg Economic system Minister Jörg Steinbach responded calmly to Musk’s feedback. “Rising costs and provide chain issues, but in addition greater spending within the power sector ought to inevitably result in greater prices for every firm,” he advised DPA on Thursday. “We reside in troublesome occasions.” On this regard, Musk’s assertion is no surprise.

Musk had just lately repeatedly warned of an financial downturn and introduced job cuts at Tesla. Musk clarified Tuesday after conflicting studies that the electrical automotive maker would lower 3 to three.5 % of its jobs within the coming months. The explanation for that is the excessive charges of inflation and the slowdown within the world economic system.

In accordance with rbb’s data, the Tesla plant in Grünheide just isn’t affected by job cuts. Accordingly, 500 to 600 workers will proceed to be employed there each month. At present about 5,000 folks work on the plant in Grünheide, and by the top of the yr there shall be 12,000.

Broadcast: rbb24 Inforadio, June 23, 2022, 6 a.m.

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