Tesla Inc. recently opened two gigafactories, earlier in Texas, U.S.A. and more recently in Germany, Europe. The plan was to increase production for sales in the U.S. as well as in Europe. In an interview, on Wednesday, Tesla CEO Elon Musk said that both these factories were “losing billions of dollars.” He mentioned the reason … Continue reading Tesla CEO Elon Musk says new factories in Texas and Germany are ‘losing billions’