Elon Musk Gives Reason For Tesla Model 3 Setbacks

Wochit Business - July 13, 2018

Tesla CEO Elon Musk said "we were huge idiots and didn't know what were doing" in an interview with Bloomberg, referencing Telsa's attempt to redesign the production process for the Model 3.

Musk had hoped to make vehicle production faster and less expensive by significantly increasing the amount of automation Tesla used in its factories.

But the company struggled to increase automation and production capacity at the same time after launching the Model 3 sedan..

Recent related news

** Β· *Tesla CEO Elon Musk slept on the floor of the company's vehicle assembly plant because he wanted to suffer more than any other employee during the...
3 days ago • Business Insider

Tesla Inc (NASDAQ:TSLA) is heading overseas after signing an agreement with Chinese authorities. The electric-vehicle manufacturer will build a new auto plant in...
5 days ago • Proactive Investors

It’s been a long time since Tesla opened the ordering system in the United States for those who placed a pre-order on the Model 3, and at long last, the...
2 days ago • autoevolution

** Β· *Tesla CEO Elon Musk said he believes the Model 3 is the last product on which the company will have to bet its livelihood in an interview with...
2 days ago • Business Insider

Recent related videos

Wochit Business -   β–Ά  00:56

Wochit Business -   β–Ά  00:40

Wochit Business -   β–Ά  00:49

You might like