Battery Shortages Are Causing Big Headaches for Elon Musk and Tesla

Learn more about why Elon Musk had some bad news to share about production delays at Tesla’s Austin, TX, and Berlin production plants.
Written by Jason Crosby
Reviewed by Kathleen Flear
Elon Musk is no stranger to frequenting the headlines of major newspapers, but lately, it hasn’t been related to an achievement made by Tesla. In fact, Musk reports that Tesla is struggling to get their Texas production plant and Berlin production plant up to speed, as it seems both locations are struggling to meet supply quotas for new Tesla EVs. But what exactly seems to be holding things up for the world’s most successful EV brand?
While you may not rake in billions like Elon Musk, you can still rake in the savings by shopping for more affordable
car insurance
. Take a look today and see if our app could help you put more cash back in your pockets. 

What did Elon Musk have to say about the battery shortages?

Yahoo Finance
reports, Musk is indicating that the
, Texas, and Berlin plants are losing billions of dollars, as supply chain issues are once again holding up production at both locations. 
More specifically, both of these plants are waiting on EV batteries and production materials from China. Yahoo Finance also quoted Musk as stating "The past two years have been an absolute nightmare of supply chain interruptions, one thing after another, and we're not out of it yet.” 
Let Jerry find your price in only 45 seconds
No spam · No long forms · No fees
Find insurance savings (100% Free)

Elon Musk also had bad news for Tesla employees 

The news that supply chain issues are holding up yet another automaker isn’t surprising, but other details released by Musk certainly were. Elon Musk reported that Tesla was pausing hiring across the globe, and would be firing about 10% of its staff and giving salaried staff a 10% reduction in pay as a way to compensate for inflation and supply chain issues. 
This obviously won’t make Elon Musk popular in the eyes of his employees or the public, but Tesla is searching desperately for ways to keep its production plants in Austin, Texas, and Berlin running without having to fire more people than necessary. 

Did Elon Musk have anything to say about the Cybertruck?

He did—and it was about the only promising detail received from his statements that he gave in Austin earlier this month. According to Elon Musk, the Cybertruck is on schedule to be released to customers who have pre-ordered sometime in mid-2023, which is only a year from now. 
This is a relief, and not just to those who have been waiting for their Cybertruck. The automotive world has been anticipating with bated breath the Cybertruck’s appearance. With models from Ford, Rivian, and
Lordstown Motors
seeming to outpace Tesla’s EV pickup, it’s about time that we got some confirmation that the Cybertruck wasn’t going to be delayed, yet again. 

Find more affordable EV insurance with help from Jerry 

The world may still be waiting on the anxiously-awaited Cybertruck, but why should you delay finding better EV insurance for your own set of wheels?
is the easiest and most effective way to find a car insurance policy that is customized for you.
After providing you with a comprehensive cross-analysis of the best policies across providers, Jerry will handle the phone calls, paperwork, and renewals for your top pick so that you don’t have to. They can even help cancel your old policy! So why do all that extra work when Jerry can do it better?
Compare Car Insurance Quotes For Free
Jerry automatically shops for your insurance before every renewal. Members save $872/year.
rating primary
Rating on App Store
Start saving money!
12,000+ Reviews
Trusted by 3.5M car owners like you

You might also be interested

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings — it's 100% free