Business Drive

Elon Musk says Tesla's new factories in Germany and the US are losing billions of dollars due to battery shortages and supply disruptions in China. The multi-billionaire also called the plants in Berlin and Austin, Texas gigantic money furnaces.Mr Musk says both Berlin and Austin factories are gigantic money furnaces right now. It's really like a giant roaring sound, which is the sound of money on fire. He says the plants are losing billions of dollars right now and there's a ton of expense and hardly any output.