Musk hints that Tesla has grown up and admits that SpaceX is still struggling – Tesla’s electric car

Musk hints that Tesla has grown up and admits that SpaceX is still struggling - Tesla's electric car

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 to “Rebuild a Better Bill” (Rebuild a Better Bill), and opposed the proposal To provide subsidies to electric car buyers.This is a definitive signal from Musk, that Tesla has grown up.

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In a remote appearance at the Wall Street Journal’s CEO conference, Musk also spoke about his degree of interest in SpaceX, the second largest company he leads. He described the enormous challenges to developing interstellar spacecraft, which sounded a lot like the difficulties Tesla faced in the early launch of the Model 3. SpaceX plans to use interstellar spacecraft to send humans to the Moon and Mars.

At the event, Musk said that the interstellar spacecraft consumes more energy than any other project. “The difficulty is ridiculously great, and sometimes I doubt we can really achieve our goals,” he said.

Over the years, many of the people who followed Musk closely have said that Tesla is on the verge of collapse and disaster, and that SpaceX, which he founded in 2002, is his smaller, more stable sister company. The situation was particularly dire in 2018, when Tesla was unable to ramp up Model 3 production and faced a wave of executive departures. When Musk tweeted that he was considering privatizing the company, the chaos came to a head, which led to his being sued by the US Securities and Exchange Commission (SEC).

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But behind the scenes, Tesla is starting to reverse the situation. That year, the company set a record number of deliveries and maintained that momentum until 2019. In 2020, Tesla released the Model Y, set up a super plant 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 Rebuilding a Brighter Future Act is that US spending is 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 qualify for tax credits. Musk said the company no longer needed subsidies, and said the government did not need to subsidize electric car charging stations.

Before talking about Tesla’s ability to become self-reliant, Musk admitted that SpaceX now suddenly appears to be stuck in a 2018 Tesla dilemma.

This Thanksgiving, Musk sent an email to all employees warning that if the interstellar spacecraft project did not progress quickly enough, the company would face “a real risk of bankruptcy.” He told SpaceX employees that he was doing everything he could to help solve the engine production problem, and said he would “remain in the Raptor engine production line all night and all weekend.”

Musk shared a famous story a few years ago, he once slept on the floor of a Tesla factory when the company was on the verge of bankruptcy. Raptor engines and interstellar spacecraft seem to be the new “Model 3 production hell”.

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