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Musk's comments show the tension between him and the company during the period of defeat
Elon Musk revealed how much Tesla Inc. was about to collapse during the frenzied and costly effort to increase production. Sedan model 3: a little over two months.
"The company was spending its money crazy, and if we did not solve these problems in a very short time, we would die," Musk told the Axios press service. interview broadcast on HBO Sunday. When asked how close Tesla was to failure, he replied, "I would say a few weeks."
Musk's comments show the tension he and society were experiencing during the Tesla defeat, which finally ended the third quarter, when unexpected results suggested Musk to achieve his goal of to make the sale of electric cars sustainable from a financial point of view. Once the company was able to increase model 3 production, deliveries exploded.
During the year, Musk was also involved in legal issues with his tweets, in which he claimed he was about to privatize Tesla. . Although the company's shares fell during this episode, it recovered as its earnings outlook improved. The stock was up 1.4% at 330.33 USD at 7:49. On Monday.
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