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.

Advertisement

Elon Musk Gives Reason For Tesla Model 3 Setbacks

MARCH 31, 2016 PHOTO TUESDAY, SEPT.

29, 2015, FILE PHOTO

Recent related news

Seven paint options for future Teslas will soon dwindle to five. Tesla CEO Elon Musk tweeted on Monday night that Tesla would "simplify manufacturing" by...
1 week ago • Mashable

A great fan of Tesla(NASDAQ:TSLA) is abandoning his optimistic take on the electric car maker’s shares due to Elon Musk’s questionable judgement and...
1 week ago • Proactive Investors

A great fan of Tesla Inc (NASDAQ:TSLA) is abandoning his optimistic take on the electric-car maker’s shares due to Elon Musk’s questionable judgment and...
1 week ago • Proactive Investors

Controversial Tesla Inc (NASDAQ:TSLA) chief executive Elon Musk was sued on Monday for libel and slander in US district court in California by the British...
2 days ago • Proactive Investors

You might like