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Evening Standard
Evening Standard
Business
Simon Hunt

Elon Musk hints Tesla may stop taking orders as supply chain problems bite

Elon Musk Tesla Inc. Supply chain Toyota Inflation Vertu

Elon Musk suggested Tesla may put the brakes on accepting new orders.

(Picture: AFP via Getty Images)

Inflation and supply chain issues continue to hit carmakers, with Toyota and Tesla both sounding the alarm.

Japan’s Toyota warned today that “soaring material prices” will hit its profits, while Tesla CEO Elon Musk has hinted his company may put the brakes on accepting new orders.

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