Tesla was within weeks of dying because of Model 3 delays, says Elon Musk
During an interview with Axios On HBO, Musk said:
“Tesla faced a severe threat of death due to the Model 3 production ramp. Essentially, the company was bleeding money like crazy and if we didn’t solve these problems over a short period of time we would die. It was extremely difficult.”
He added that they were “within single digit weeks” from going under.