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Tesla almost went bankrupt in its pursuit to automate manufacturing and achieve volume production. The problem wasn't that they overestimated how much they could automate. Instead, they had issues with almost every aspect of the Model 3 production line, from cells to packs to motors to final assembly.
Tesla is the first car startup since the 1920s that reached production without going bankrupt. Elon lived in the factories for three years. He slept on the floor so that the team who was going through a hard time could see that he didn't just sit in his ivory tower. He was in it with them.
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686 reads
MORE IDEAS ON THIS
On the question is funding was really secured, Elon Musk stated that “the funding was indeed secured”. However, the SEC San Francisco office still pursued an active public investigation.
The banks then warned Elon that if he didn’t settle with the SEC, they would cease to provide working c...
71
838 reads
Elon states that to accelerate the advent of sustainable energy, there must be scale. "We've got to transition a vast economy that is currently overly dependent on fossil fuels to a sustainable energy economy."
Energy must be sustainably generated with wind, solar, hydro, geothermal and nu...
74
716 reads
Elon states that “we should be optimistic about the future and fight to make that optimistic future happen.”
The future cannot just be about one miserable thing after another, solving one sad problem after another. There have to be things that get you excited and want to make you live. Thes...
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766 reads
Trust should be increased on Twitter as a public platform.
73
896 reads
The worst business decision ever was not to start Tesla with just JB Straubel, the visionary co-founder.
Before Elon invested, Tesla was just a shell company with no employees and no intellectual property. Martin Everhard created a false narrative that he created the company.
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1K reads
Social cues for Elon that he has Asperger's syndrome were not so intuitive. He was very bookish. He took everything literally. As a result, he was frequently bullied and had a difficult childhood.
Elon consumed many books and movies, which helped him in time to understand things that most ...
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835 reads
The edit button could have a timeout to avoid people changing tweets after getting interaction. But, Elon Musk is "open to ideas."
Elon's most urgent priority with Twitter is eliminating scam and spam bot armies.
71
1.11K reads
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"With great power comes great responsibility". We all know who said that, but it's so true.
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On the question is funding was really secured, Elon Musk stated that “the funding was indeed secured”. However, the SEC San Francisco office still pursued an active public investigation.
The banks then warned Elon that if he didn’t settle with the SEC, they would cease to provide working c...
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