Elon Musk Admits Tesla Was Only 30 Days Away From Bankruptcy Before Model 3 Ramp Up

On Tuesday, Tesla CEO Elon Musk tweeted that his electric car company had been about a month away from bankruptcy in recent years when it was still figuring out how to mass-produce the Model 3 electric sedan.

In the middle of a discussion about Tesla’s fundraising history, a follower asked, “How close was Tesla from bankruptcy when bringing the Model 3 to mass production?”

mre30 - 11/3/2020 4:23:28 PM

0 Boost

Elon Musk's appearance is starting to morph into that of Gene Wilder (aka Willie Wonka) from Willie Wonka and the Chocolate Factory.

MDarringer - 11/3/2020 5:59:40 PM

-1 Boost

Musk is like Trump.

Trump ran for 2016 to push the Republicans out of the way so Hillary would win and then decided he wanted the prize.

Musk created Tesla to do an emperor's new clothes swindle, to sell it to someone and THEN he decided he wanted to be a carmaker.

SanJoseDriver - 11/4/2020 1:30:39 AM

+1 Boost

Musk created the predominant automotive and space companies in the world. What has Trump accomplished? Not very much if you're honest with yourself.

carloslassiter - 11/3/2020 9:57:38 PM

0 Boost

Wow, I think Darringer nailed it on both counts!