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Elon Musk presented interesting information in a recent interview. Tesla was to be a few weeks away from "death". He slept in trouble at the factory and worked 120 hours a week. What was behind that?
"Tesla has been seriously threatened with death because of the production volume of Model 3. The money from the company has been saved quickly.If these problems are not resolved quickly, we will die within a few weeks.It was extremely demanding " said Tesla, head of Axios.
As we know, Tesla Model 3 is the key product of the company within the company. Elona Muska Master Plan. It is the first electric car brand designed for a larger number of customers. For this reason, Tesla had to invest huge sums of money in the mass production of model 3. And to stop selling it, it had to reach a certain volume of production to reduce production costs to the required level.
From the beginning, however, she was faced with production problems, which prevented her from respecting her initial production plans. The problems stemmed from the unadjusted production chain, in which Musk admitted in the past that production was "automated". Another problem was the battery produced by the Tesla Gigafactory 1.
Source: bloomberg.com
Source: Elon Musk / Twitter
Musk was sleeping in the factory
The company also had to cope with inadequate initial production quality and supply chain issues, which also cost a lot of money. Elon Musk also admitted that he had even slept in the most critical period of the factory when model 3 had been manufactured.
At that time he was working 120 hours a week, claiming that he was not recommending it to anyone. "It's very painful, it does not help the brain or the heart" he added.
But everything seems to have broken in late June, when Tesle managed to achieve one of the main goals, namely a production volume of 5,000 a week. That should be close to 7,000 a week. The final plan is 10,000 per week.
Great commercial success
Tesla is currently enjoying huge commercial success. Tesla Model 3 is one of the best-selling models in the United States, regardless of the type of player. Thanks to this, the company has managed to exceed the total sales of car manufacturers like Mercedes-Benz and Jaguar and to make a profit after a long time.
Huge opportunities
And Tesla Model 3 is only expecting global expansion outside North America. It should start with the first deliveries in late February or March, with Europe and China also. And other Tesla models are on the way. These are the Y, Semi, Pickup and Roadster 2 models.
According to Tesla, the problems of production in their case should not be repeated, because the production of model 3 was a good lesson for her. We think that will be the case, we hold Tesle and we look forward to new models.
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Source of Cover Photo: techcrunch.com
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