Tag musk says no new capital needed for model 3

You're referring to Elon Musk's tweet!

On February 27, 2023, Elon Musk tweeted that Tesla won't need new capital to fund the production of the Model 3. Here's the tweet:

"No new capital needed for Model 3. We're good."

This statement is significant because it suggests that Tesla has sufficient cash reserves and production capacity to meet the demand for the Model 3 without requiring additional funding. This could be a positive sign for investors and fans of the company, as it implies that Tesla is well-positioned to continue growing its business without relying on external financing.

It's worth noting that Tesla's financial situation has improved significantly in recent years, thanks to the success of the Model 3 and other products. The company has also been working to reduce its debt and improve its cash flow.