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Tesla chairman Elon Musk said the company was on the brink of bankruptcy as it struggled to meet the production targets of its model 3 car.
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Elon Musk, CEO of the Tesla electric car brand, made an important statement about the company.
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Tesla said that in 2018, Tesla was struggling to meet its production targets.
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"Tesla came back from the dead because Tesla was unable to reach its production goals," Musk said.
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As early as June, Tesla was able to capture production targets in its Model 3 sedan.
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After the recovery in June, Tesla began to cross the country in October. Since 2016, the business suffers constantly.
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Elon Musk is close to the Fremont area of California, where the company's factories have been located to further explore production goals.
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Musk moved the movement. "I moved because if I had not moved, Tesla would probably be destroyed," he said.
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