The Wall Street Journal saying it had reviewed a memo that was that was sent to a supplier last week.

  • asking its suppliers for cash back to help it become profitable
  • requested the supplier return what it calls a meaningful amount of money of its payments since 2016

The Journal adds:

  • The auto maker's memo, sent by a global supply manager, described the request as essential to Tesla's continued operation and characterized it as an investment in the car company to continue the long-term growth between both players.

Zoom-zoom

Link to the piece is above, but it may be gated.

Nope, not FX … but of interest to financial markets