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Bloomberg
Elon Musk revealed how Tesla Inc. was about to collapse during the frenzied and costly effort to increase production of the Model 3 sedan: more than two months . "The company was spending its money like crazy, and if we did not solve these problems in a very short time, we would die" Musk told the Axios press service in an interview with HBO on Sunday.
he asked how close Tesla was to failure, he replied: "I would say a few weeks" .
Musk's comments show the tension in which he was with both society and himself. The losses of Tesla, which finally ended the third quarter, when unexpected results suggest that Musk could achieve its goal of making the sale of electric cars sustainable from a financial point of view.
U Once the company was able to increase production of model 3, shipments skyrocketed .
During the year, Musk also let himself be dragged into legal problems by his tweets, in which he claimed to be about to privatize Tesla.
As the company's shares collapsed during this episode, was recovering as its earnings prospects improved .
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