Model 3 was already being produced and was successful before the pandemic.
I remember the explanation given at the time the stock price jumped by the analysis was large order placed by Hertz (which was fresh after decorating bankruptcy).
“How close was Tesla from bankruptcy when bringing the Model 3 to mass production?” asked Twitter follower “Zain”.
“Closest we got was about a month. The Model 3 ramp was extreme stress & pain for a long time — from mid 2017 to mid 2019. Production & logistics hell,” said Musk.
Like I said, by 2020 it was going well and turning high profits. And then everything else I said adding further onto it. Hertz was a catalyst, but all of what i said above was what was actually going on.
Model 3 was already being produced and was successful before the pandemic.
I remember the explanation given at the time the stock price jumped by the analysis was large order placed by Hertz (which was fresh after decorating bankruptcy).
That explanation made no sense to me.
“How close was Tesla from bankruptcy when bringing the Model 3 to mass production?” asked Twitter follower “Zain”.
“Closest we got was about a month. The Model 3 ramp was extreme stress & pain for a long time — from mid 2017 to mid 2019. Production & logistics hell,” said Musk.
Like I said, by 2020 it was going well and turning high profits. And then everything else I said adding further onto it. Hertz was a catalyst, but all of what i said above was what was actually going on.