US EditionTesla Isn't Paying Its Bills While Musk Gets $29B Payday: TDS
UNITED STATES, AUG 3 – Tesla, SpaceX, and other Musk companies owe over $110 million to small businesses, causing bankruptcies and legal actions, with many vendors still unpaid after years, reports say.
4 Articles
4 Articles
Elon Musk Accused of Stiffing Small Businesses for Millions of Dollars, Causing Some to File for Bankruptcy
Tesla CEO Elon Musk, the richest man in the world, has allegedly been stiffing small businesses, causing some of them to file for bankruptcy. According to an investigation by CNN, contractors have filed liens — claims of possession of property until a debt is paid off — for more than $110 million against Tesla over the last five years. The company still owes dozens of businesses more than $24 million. Worst of all, many of these firms are mom-an…
Dozens of U.S. SMEs are suffering from unpaid payments from Tesla for the construction of the Texas Gigafactory. The unpaid payments of Elon Musk's company have even led several of these companies to deposit the balance sheet. One of the secrets to earn more money is not to spend any of it. Elon Musk
Elon Musk’s Tesla, SpaceX Accused of Unpaid Millions to Small Businesses
The Pattern of Unpaid Bills Elon Musk, the billionaire entrepreneur behind Tesla Inc. and SpaceX, has long been celebrated for his ambitious visions in electric vehicles and space exploration. However, a darker side of his business practices has emerged, with allegations that his companies have repeatedly failed to pay small businesses for services rendered, leading to severe financial distress for some vendors. According to a recent report by F…
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