Monday , April 12 2021

Elon Musk says tech company "week of the death of" this year

Elon Musk, Tesla admitted "weeks" from the death earlier this year, as it struggled to meet production targets for the model 3 sedan.

referring to Vardar on HBO, Billionaire showed how stress in the last year was taken effect on his physical and mental health.

"Tesla is really faced this year, the threat of death due to production ramp Model 3," he said. "We were in the single weeks."

Musk said the company is "bleeding money as Var & # 39; yaty, and if we do not solve these problems in a very short period of time, we would have died, and it was very difficult to resolve them."

Having missed several deadlines voluntary Tesla finally get the production plan 5000 Model 3s in a week for the last seven days of June. Last month, the company reported its first quarterly profit since 2016, surprising analysts.

"I worked seven days a week, sleep in the factory. I was in the paint shop, general assembly, body shop, "said Musk HBO.

Responding to a question, he was worried about a "explodes," Musk said, "Yes, absolutely. No one should put it to work many hours. This is not good. Users do not have to work so hard. They should not do it. It is very painful. It hurts my brain and my heart. "

Before hitting production targets Tesla is facing about $ US1 billion in repayment of the debt – about $ US230 million will be released in November – without enough cash coming in to keep the company running.

"I have already said that we have to prove that Tesla can be sustainably profitable," he told reporters during a call came in last month. "This quarter was an important step towards this."

Musk said patient customers have paid deposits for their Model 3s in March 2016, the first Australian deliveries will take place "around the middle of 2019".

After taxes and import duties, the cheapest model 3 will be about $ 80,000 drive away, putting it on par with the Mercedes-Benz C300 and Audi A4 2.0 TFSI Quattro.

High-profile chief executive of the electric car manufacturer has experienced a turbulent year marked by personal and professional scandals.

He resigned as chairman last month as part of a settlement in the amount of $ US40 million to the Securities and Exchange Commission, which allegedly misleading investors Musk tweets series in August, suggesting that it is funding in place to take the company private.

Musk also for libel by the British diving expert Vernon Unsworth – who helped in Thai cave aid earlier this year – calling him ¬ępaedo guy" in an unusual attack Twitter.

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