Battery shortage results in billions lost by Tesla

New Tesla factories losing billions of dollars, Musk says


Despite the push by the Biden administration to convert the U.S. automobile industry to EVs or electric vehicles, a push that included possible EV manufacturing in Oklahoma,  EV leader Tesla is losing money—lots of it—billions.

So says Tesla founder Elon Musk who blames it on a shortage of batteries along with China port issues reported Reuters.

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