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Tesla "was spending money like crazy" during the manufacturing crisis with Model 3 earlier this year, and that would have brought it to an end. This was recognized by the company's founder and executive director, Ilon Musk, in an interview with Axios on HBO.
He said the automaker was only a few weeks away from bankruptcy, writes MarketWatch. As it became clear, the reason was the difficulty of achieving the production goals that the company had set when publishing budget model 3.
In the first half of 2018, Tesla has practically entered "the hell of production," as Mussk has determined. The company had to release 5,000 electric vehicles of the series in question a week and was unsuccessful. The crisis has even pushed Musk himself to stay at the factory in an attempt to maximize the process.
Today, he says that it is not correct that people work 22 hours a day, seven days a week. "It's very painful," says the billionaire, but tells him that if he did not do it, there was a good chance Tesla would die.
A little later, Muk asked him to make a profit and in October he was surprised or the results showed him. Tesla does not "look death in the face," says its creator, whose outlook on the future is positive.
He is also at the forefront of the dream of sending a mission to Mars. In Muss's words, there is a 70% chance that he will personally launch one of the SpaseX missiles on the red planet someday.
tags: Tesla electric vehicles | Model 3 | Ilon Musk | electric cars
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