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A lesson from the world’s biggest giant: In 2018, when the whole world thought Tesla was going bankrupt: – Mercedes predicted: “It will go bankrupt by summer” – BMW said: “They will never mass produce” – Wall Street affirmed: “Production nightmare” Then Elon Musk decided to move into the factory, bringing his determination and his pillow.
January 6, 2025 – by Admin – Leave a Comment
This is an inspiring story of resilience and innovation, often cited as a testament to Elon Musk’s determination and Tesla’s rise against the odds. The company’s journey during its Model 3 “production hell” is legendary in the business world and illustrates key lessons:
Lessons from Tesla’s Turnaround:
Relentless Leadership:
Musk’s decision to camp in the factory symbolized his hands-on approach. Leading by example, he demonstrated that no task was beneath him, inspiring his team during one of their toughest times.
Adaptability:
From rewriting software to personally troubleshooting assembly line issues, Tesla showed that being flexible and open to change can overcome even the most daunting challenges.
Bold Vision:
Musk’s unwavering belief in Tesla’s mission to accelerate the world’s transition to sustainable energy pushed the company to achieve what seemed impossible.
Focus on Execution:
By breaking production down into smaller, manageable goals (202 cars in the first week, ramping up to 5,000), Tesla gradually overcame bottlenecks and scaled effectively.
Culture of Ownership:
Musk’s 3 a.m. supplier calls and hands-on problem-solving fostered a culture where everyone felt responsible for Tesla’s success.
Results:
By the end of 2018, Tesla not only delivered on the Model 3 but also achieved profitability, setting the stage for its meteoric rise. Today, Tesla isn’t just a car company; it’s a leader in renewable energy and battery technology.
Fun Fact:
The phrase “production hell” is now part of Tesla lore, and it stands as a reminder of the grit required to disrupt an entrenched industry.
💎 Elon Musk’s journey with Tesla is a prime example of how vision and perseverance can overcome doubt, challenges, and even ridicule.
A lesson from the world’s biggest giant:
In 2018, when the whole world thought Tesla was going bankrupt:
– Mercedes predicted: “It will go bankrupt by summer”
– BMW said: “They will never mass produce”
– Wall Street affirmed: “Production nightmare”
Then Elon Musk decided to move into the factory, bringing his determination and his pillow.
What happened next surprised every CEO.
Tesla not only survived, but also exploded strongly from the abyss
The change was really drastic:
– Musk personally inspected each production station.
– Rewrote software code when necessary.
– Fired managers who did not share his vision immediately.
Called suppliers at 3am to get parts.
One night, workers even found him covered in oil while repairing a Model 3 that other engineers had “given up”.
– Elon told the engineers: “Either we fix it or we die.”
The laughter in the auto industry began to stop when the numbers came in:
– First week: 202 Model 3s.
– Third month: 5,000 per week.
– End of year: First profitable quarter.
Tesla went from being ridiculed to a real threat, transforming itself into a real threat that began to make the entire industry wary.
“It was a very painful time. I don’t know, but I was probably a little crazy,” Elon shared.
Traditional automakers had:
– Over 100 years of experience.
– Billions of dollars in cash reserves.
– Strong global supply chains.
– Deep political connections.
Today?
Tesla is worth more than Toyota, GM, Ford, and BMW combined.
In just a few years, Elon Musk has turned a mocked company into an automotive giant, proving that perseverance and vision can change an entire industry.💎
Show him some love 💕💕💕💕💕.
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