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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Smiling Bob who wrote (119109)6/23/2022 6:19:25 AM
From: Smiling Bob   of 119358
 
Ignore the BK warnings and buy the truck muck
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"The past two years have been an absolute nightmare of supply chain interruptions, one thing after another, and we're not out of it yet," Musk said.

Tesla's overwhelming concern, he said, is "How do we keep the factories operating so we can pay people and not go bankrupt?"

Musk said early this month he had a "super bad feeling" about the economy and that the company needed to cut staff by about 10% and "pause all hiring worldwide." Earlier this week, he said a 10% cut in salaried staff at Tesla will occur over three months. read more

Tesla earlier this year started production at the factories in Berlin and Texas, both of which are critical to the growth ambitions of the top electric car maker.

Musk said he expected Tesla would start production of its Cybertruck electric pickup trucks, which has been delayed, in mid-2023.
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