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$GMGMF Red Flag for GMG ON DEALING WITH TESLA IN THE FUTURE
Tesla (TSLA) is not paying its bills and it is destroying small American businesses
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Fred Lambert
| Aug 1 2025 - 7:53 am PT
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Tesla Gigafactory Texas July 2022
Tesla (TSLA) is not paying its bills, and this has led to at least two small American businesses going bankrupt. The automaker had over
$110 million in liens with contractors over the last 5 years.
CNN released a new report that examines lien claims from contractors hired by Elon Musk’s companies in Texas, particularly Tesla.
In Texas, contractors have filed liens for more than
$110 million against Tesla in the last five years. Over
$24 million is still allegedly owed to dozens of businesses, according to the report.
In two cases, contractors, most often small American businesses, had to file for bankruptcy due to the unpaid bills.