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Elon Musk said the Model 3 is the last product he'll have to gamble the company's existence on
2 monthes ago - By Business Insider
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 Bloomberg .
Musk said Tesla had previously gambled its existence on its first and second vehicles, the Roadster sports car and Model S sedan.
The Model 3 has caused production problems and strained Tesla's finances, but Musk has said the company will become profitable in the second half of this year.
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...
Read more ...12 books Elon Musk thinks everyone should read
2 monthes ago - By Chron
Joe Skipper/Reuters
Elon Musk, the CEO of SpaceX, Tesla, and other larger-than-life tech companies, somehow also seems to find time to read.
Musk has said that reading a variety of books - from epic works of fantasy like the "Lord of the Rings" trilogy to complex how-to books on building rockets - is crucial to his success.
We looked through Musk's past interviews and social media history to come up with a list of 12 books the billionaire entrepreneur thinks everyone should read.
Take a look below.
"The Lord of the Rings" by J.R.R. Tolkien
Amazon
Musk had a nickname when he was a shrimpy...
Read more ...'We were huge idiots and didn't know what we were doing': Elon Musk blames Tesla's Model 3 production issues on being 'naive'
2 monthes ago - By Business Insider
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.
Musk said faulty robots and "naive" designers contributed to Tesla's production problems.
In an interview with Bloomberg, Tesla...
Read more ...
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