Tesla Wants Its Money Back

Shares fell after The Wall Street Journal reported the firm has asked some suppliers to refund some of what it has paid them

Elon Musk is asking for donations to save Tesla Inc.

The Wall Street Journal reported Sunday that Tesla has asked some suppliers to refund a portion of what Tesla has paid them. One supply manager quoted the auto maker as saying the refunds are “essential to Tesla’s continued operation.” The person said Tesla asked for a meaningful amount of the money it has received from Tesla since 2016, the year that Tesla first unveiled its Model 3 sedan.

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