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Tesla factories losing billions of dollars

Elon Musk says Tesla’s two new factories in Germany and the United States have lost billions of dollars as a result of battery shortages and supply disruptions in China.

Tesla has a large factory in Shanghai and its production has been disrupted due to the lockout of Covid-19 in China.

Elon Musk also says that this will lead to job cuts in the future. (colombotimes.lk)

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