Musk cites Tesla bankruptcy fears and wants you to know something big

Elon Musk wants to share good news.

The Tesla (TSLA) – Get the report from Tesla Inc. The CEO has faced some challenges lately, including layoffs, lawsuits over the layoffs and, according to the world’s richest man himself, worries about bankruptcy.

Musk said the electric vehicle maker is facing billions of dollars in losses at its new factories, supply chain issues and covid lockdowns, CNN reported June 23.

“The past two years have been an absolute nightmare of supply chain disruptions, one thing after another,” Musk said, according to CNN, which cited an interview with a group of Tesla owners recorded the month latest and recently published. “We’re not out of it yet. Our main concern is how to keep the factories running so we can pay people and not go bankrupt.”


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