It may be easy to forget that the world's biggest electric car manufacturer was once teetering. Having made heavy investments to acquire Elon Musk's solar business and straddled with "production hell" for the Model X, things looked dicey. Till the bookings for the Model 3 kicked in. With nearly half a million bookings at $1,000 apiece, Tesla's books saw an influx of $500 million and it has never had to look back since.
This story is from the August 22, 2022 edition of India Today.
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This story is from the August 22, 2022 edition of India Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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