The Strategist

Musk: Tesla and SpaceX face inflationary pressures in raw materials and logistics



03/14/2022 - 10:48



American entrepreneur Elon Musk said that his companies SpaceX and Tesla are facing inflationary pressures in raw materials and logistics.



pixabay
pixabay
In his Twitter account, the businessman invited his followers to speculate on what inflation will be in the next few years.

"Tesla and SpaceX have seen significant inflationary pressures in raw materials and logistics lately. And we're not alone," Musk added.

As evidence, he attached a Financial Times article dated March 3 that said commodity prices had risen to their highest level since 2008 "due to concerns" about raw material supplies from Russia amid the situation in Ukraine.

source: ft.com




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