Elon Musk says he's worried about keeping Tesla out of bankruptcy
CNN
Tesla faces billions of dollars in losses from its new plants, supply chain problems and Covid lockdowns — enough for CEO Elon Musk to mention the possibility of bankruptcy in a recent interview.
"The past two years have been an absolute nightmare of supply chain interruptions, one thing after another," Musk said in an interview with a Tesla owners group. "We're not out of it yet. That's overwhelmingly our concern is how do we keep the factories operating so we can pay people and not go bankrupt."
Musk engaged in hyperbole elsewhere in the interview, and he may have been doing so when mentioning the risk of bankruptcy. For example, he said that automakers in general "desperately want to go bankrupt," which falls in the category of colorful language rather than strict financial analysis.
Donald Trump’s campaign is taking a vastly different approach to 2024 compared to 2020, with plans for fewer staff and expenses, including what they view as superfluous brick and mortar offices. Instead, the campaign pledges to run a more efficient operation that will rely heavily on data modeling, microtargeting and relying on wealthy conservative groups for data, infrastructure and significant bank accounts to help find Trump a pathway to the 270 electoral votes needed to secure victory in November.
“I never thought I would see a Russian submarine so up close,” said a Cuban man next to me as we waited in line in view of the four vessels. We were standing outside the port terminal in Havana which, just years earlier, had been full of US cruise ships, until then-President Donald Trump banned their visits to the island in 2019.
The US military will temporarily dismantle the humanitarian pier it constructed off the coast of Gaza and move it back to Israel on Friday night, amid concerns that heavy seas could once again break it just days after it resumed aid delivery operations, multiple US officials and US Central Command said.