Tesla is seeking cash from suppliers, Wall Street Journal reports - News Summed Up

Tesla is seeking cash from suppliers, Wall Street Journal reports


Supply-chain consultants told the paper that sometimes automakers will demand a price reduction for a current contract going forward or use leverage of the promise of a new deal to get upfront savings. But they say it is unusual for an automaker to ask for a refund for past work.


Source: Los Angeles Times July 23, 2018 02:48 UTC


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