Aug
20
Some Tesla Suppliers Fret About Getting Paid
ByAuto maker’s tumultuous year has concerned some of its suppliers, which are pushed to extend payment terms or asked to give cash back
Tesla Inc.’s tumultuous year has fueled concern among some of its suppliers about the auto maker’s financial strength after production of the Model 3 car drained some of its cash, according to industry executives and documents.
A recent survey sent privately by a well-regarded automotive supplier association to top executives found that 18 of 22 respondents believe that Tesla is now a financial risk to their companies, according to the document reviewed by The Wall Street Journal…