As always, many of us forget to look around and realize how lucky we are to have what we have. At a time when tensions are relatively high based on the current election, epidemics, and a string of bad luck that we all seem to have embraced during 2020, there are a few right moments that allow us to look back and realize how much we Thank you. Should be, even when things don’t look very promising.
An excellent example of this came on November 3rd earlier this week. That day, just twelve short years ago, we remembered that Tesla had obtained a loan of million 40 million, which kept the lights on and gave the small and improbable-successful automaker a chance to succeed. CEO Elon Musk said on Twitter that it was “the last hour of the last day possible.” “We were 3 days away from bankruptcy.”
The story of the near-destruction of Musk and Tesla twelve years ago puts a lot into perspective. To me, it’s reminiscent of the old adage, “It’s not complete until the fat woman sings.” As ridiculous as it is, it is true, and it shows that anything can happen even though there is still time.
Kasturi and Tesla were trying to build a car company in the most challenging times for American auto in the history of the country. Numerous companies were seeking government help to keep their doors open, jobs were disappearing, and the once-proud American economy was wiped out by the 2008 financial crisis.
Starting a car company was one of the worst times financially, but Tesla did not aim to build a run-of-the-mill gas car. She wanted to completely change the tune of what car was in the United States. Car-powered cars were not popular, nor were they widely accepted. They were the dream of many, but no one ever thought they would soon become a source of transportation for successful travelers.
Well, everyone in Tesola except Elon Musk and his team of engineers.
Musk acknowledges the difficulties of the time. “It’s very difficult to raise money for an electric car startup (considered super intrusive at the time), when stallwarts like GM and Chrysler were going bankrupt,” he added in his chain of tweets about the situation. And while he was having trouble keeping Tesla’s lights on, Musk concluded that the only way to put the last of his money into a failed company would be. “I put in my last money, but I thought we would still fail. But, it was a certain death for Tesla. “
Tesla is doing well, but that model the. No. is working to advance the large-scale effort. After all, an EV that could fit the budgets of many people around the world, Tesla was working to make batteries. Powerful car that had good performance and acceptable range ratings. But it was not easy, and as a result the company went bankrupt.
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When asked about the Model Dal ramp, Musk said Tesla was “almost a month” away from collapsing again. “Model 3 ramps, long-term stress and pain – from mid-2017 to mid-2019. Production and logistics are hell,” Kasturi added.
Some more years ahead: Let’s look at 2020.
Tesla is the most expensive car company in the world. It has five directly profitable quarters. It is closing with the highest delivery and production numbers in a quarter so far. It is building more giga factories.
Most importantly, Tesla is influencing the automotive industry. Companies that have never believed in EVs are pushing them for growth. If they don’t, they will inevitably fall behind.
He was always going through all the difficult times and difficulties that Tesla faced. Tesla somehow survived when such a technology rival company entered the market with new technology, while companies were reluctant to necessarily keep their doors open anyway.
At a time when the country is almost evenly divided over who wants to run the United States for the next four years, conflicting views on the global epidemic are regularly raised, and other social issues are discussed daily, it is important to always remember There are stories like this. With almost a negative chance of winning, Tesla somehow got ahead on two different occasions. Patience, hard work and a little bit of luck took the impossible car company from the depths of Chapter 11 in the car industry.
If this is the only part of the positivity you read this week, I really hope it will help you realize how grateful you should be in the grand scheme of things. Sometimes, the cards aren’t just in your favor, and you have a few quotes that make you question whether what you’re doing is the right thing to do. Dark times are certainly tough, but without darkness, then light means nothing to us.
I use this newsletter to share my thoughts on what is going on in the Tesla world. If you want to talk to me directly, you can email me or reach out to me On Twitter. I don’t bite, be careful to reach out!
