Tesla's Next-Gen Model May Not Launch Until 2027--Giga Mexico Delayed, Reports Say

If true, Tesla will be running on fumes for the next 4 years and likely burn a hole in its balance sheet

Two Mexican dailies, El Norte and Reforma, published a reports yesterday quoting Chinese suppliers for Tesla’s Giga Mexico saying that Tesla had gone from “rushing” them to build their local factories as recently as June, to telling them to “slow down” their build-outs last month. Both articles are paywalled but a summary from Reuters can be seen here.

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