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Musk hints Tesla has grown up and admits SpaceX is still in trouble: Tesla Tesla Electric Car

Musk hints Tesla has grown up and admits SpaceX is still in trouble: Tesla Tesla Electric Car

On December 9 news, according to foreign media reports, earlier this week, Tesla and SpaceX CEO Elon Musk made it clear that he did not support President Joe Biden’s proposal “Build Back Better Bill.” Bill), and opposed the proposal. to provide subsidies to buyers of electric cars.This is a conclusive sign from Musk, indicating that Tesla has grown.

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In a remote appearance at the CEO’s conference held by The Wall Street Journal, Musk also spoke about the extent of his attention to SpaceX, the second-largest company he runs. He outlined the overwhelming challenges facing interstellar spacecraft development, which closely resembled the difficulties encountered by Tesla in the initial Model 3 launch. SpaceX plans to use interstellar spacecraft to send humans to the Moon and Mars.

Musk said at this event that the interstellar spacecraft consumes more energy than any other project. He said: “The difficulty is ridiculously high and sometimes I even doubt that we can really achieve our goals.”

Over the years, many people who have followed Musk closely said that Tesla is on the brink of disaster and collapse, and SpaceX, which he founded in 2002, is its smaller, more stable sister company. The situation was particularly dire in 2018, when Tesla was unable to increase production of the Model 3 and encountered a wave of executive departures. When Musk tweeted that he was considering privatizing the company, the chaos reached its peak, leading to him being sued by the U.S. Securities and Exchange Commission (SEC).

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But behind the scenes, Tesla began to reverse the situation. That year, the company set a delivery record and maintained this momentum through 2019. In 2020, Tesla launched the Model Y, built a superfactory in Shanghai, and entered the S & P500 Index (S & P500 Index). Before the end of 2021, Tesla’s valuation exceeded a trillion dollars.

Musk’s reason for opposing the “Brighter Future Reconstruction Act” is that US spending has been out of control and the federal deficit has reached an alarming level. He also noted that none of Tesla’s electric cars sold this year or last year are eligible for tax credits. Musk said the company no longer needs subsidies and said the government doesn’t need to support electric car charging stations.

Before talking about Tesla’s ability to be self-sufficient, Musk admitted that now all of a sudden it seems SpaceX is caught up in the 2018 Tesla dilemma.

On Thanksgiving this year, Musk sent an email to all employees warning that if the interstellar spacecraft project doesn’t move fast enough, the company will face a “real risk of bankruptcy.” He told SpaceX employees that he would do whatever he could to help solve the engine production problem and said he will “stay on the Raptor engine production line all night and all weekend.”

Musk shared a famous story a few years ago: He once slept on the Tesla factory floor when the company was on the brink of bankruptcy. Raptor engines and interstellar spacecraft appear to have become the new “Model 3 production hell.”

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