Elon Musk, CEO of the electric car brand Tesla, made an important statement about the company. He said that in 2018, Tesla had difficulty catching up production targets. “Tesla was weeks from death because it was unable to meet the production targets,” Musk said.
As of June, Tesla was able to capture production targets in its sedan design Model 3. After the recovery in June, Tesla began to cross the land in October. Since 2016, the company has been consistently losing money. Elon Musk moved closer to the Fremont area of California, where the company’s factories were located to explore the production targets more closely. He said “I moved because if I had not moved Tesla most likely would be destroyed”.