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Musk calls Tesla factory in Grünheide “money incinerator” – Minister Steinbach “not surprised” by statement

“money incinerators”

Musk: Tesla factories in Grünheide and Texas are losing billions


dpa / P.Pleul

Audio: rbb24 Inforadio | 23.06.2022 | Mario Bartsch | Bild: dpa / P.Pleul

Tesla boss Elon Musk recently announced that thousands of jobs would be cut around the world. According to information from rbb, Grünheide shouldn’t be interested. He has now described the place in Brandenburg as a gigantic “money incinerator”.

According to CEO Elon Musk, Tesla’s new electric car factories in Grünheide (Oder-Spree) and Texas are currently losing “billions of dollars”. In a video interview with an association close to Tesla, Musk described the places as “giant money incinerators”.

“It’s really like a giant roar, that sound of money on fire,” Musk continued. The reason for the problems is the lack of batteries and the disruption of the supply chain due to the closure of Chinese ports.

In Texas, at the moment, only a handful of cars would roll off the assembly line. There are difficulties in increasing production of the new 4680 batteries, and the tools to make the traditional 2170 batteries are “locked in a port in China,” Musk said. The Grünheide factory is in a “slightly better position” because the traditional 2170 batteries were installed right from the start.

The interview was already conducted on May 31st

According to Musk, the past two years have been an “absolute nightmare” due to supply chain disruptions and constant new problems. Tesla boss warned: “We are not done yet.” Now it’s about keeping the company running so employees keep getting paid and the group doesn’t go bankrupt, Musk continues.

The interview with the “Tesla Owners of Silicon Valley” fan club was conducted on May 31, but the part with the most recent statements has just been broadcast on the Internet.

The Brandenburg Minister of Economy is not surprised

Brandenburg Economy Minister Jörg Steinbach (SPD) reacted calmly to Musk’s statements. “Rising prices and supply chain problems, but also increased spending in the energy sector must inevitably lead to higher costs for every company,” he told the DPA on Thursday. “We live in tense times”. In this regard, Musk’s claim comes as no surprise.

Musk had recently warned repeatedly of an economic downturn and announced job cuts at Tesla. The electric car maker will cut 3 to 3.5 percent of its jobs in the coming months, Musk clarified on Tuesday after mixed reports. The reason for this is high inflation and the slowdown in the global economy.

According to rbb information, however, the Tesla plant in Grünheide is not affected by the job cuts. As a result, 500 to 600 employees will continue to be hired each month. Around 5,000 people are currently employed at the Grünheide plant and will be 12,000 by the end of the year.

On air: rbb24 Inforadio, June 23, 2022, 6 am


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