Perbix
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Tesla buys automation company to mitigate production delays
Tesla is buying private machining company Perbix, possibly in a bid to mitigate the woes the car manufacturer announced last week, when it blamed a $619 million quarterly loss on production "bottlenecks". Perbix has been supplying Tesla with parts for nearly three years, but the acquisition will allow the company to produce more parts in-house, helping it fulfill its ambition to "build the machine that makes the machine".
