It was clear from the start that Tesla was having a hard time trying to catch up to their expected production rate for the Tesla Model 3. Despite various method being used to speed things up, it is still not enough.
According to Electrek, Elon Musk will be making more changes to hopefully help speed things along. The report revealed that Musk is going to make some changes to the management structure so that it is more efficient.
This is critical for Tesla as their investors are running out of patience as the Model 3 keeps missing its target. If this continues, there is a high chance that Tesla won’t be able to turn their cash flow positive by the end of the year and that could mean that the investors will have to pour in more cash to keep things going.
Hopefully, Tesla is able to get it right before things turn ugly.