CEO Warns About Slow Cybertruck Production, High Interest Rates, and Delays in Mexico Factory Timeline
The CEO of the company has expressed concerns about several factors affecting the company’s performance. These include the slow ramp-up of production for the highly anticipated Cybertruck, the impact of high interest rates, and potential delays in the timeline for establishing a factory in Mexico. These issues have been attributed to the prevailing economic uncertainty.
An analyst who attended the recent conference call described it as a “mini disaster,” highlighting the seriousness of the challenges faced by the company.