Tesla Gigafactory Delay Complicating Tesla’s Worsening Financial Woes

August 8, 2016 | From The Web, Industry News

Barely two weeks after Tesla Motors CEO Elon Musk led a tour of the company’s new Gigafactory, it turns out that battery plant is running both late and likely over budget – something that is expected to worsen an already troublesome financial situation for the battery-carmaker which could blow a third of its cash reserves by year-end. More from TheDetroitBureau.com.

Source:: The Detroit Bureau

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