New York (CNN Business) Tesla CEO Elon Musk said his electric car company came "within single-digit weeks" of death this year as it struggled to meet production targets for its Model 3 sedan.

Musk made the comments about Tesla's cash crunch on "Axios on HBO" on Sunday.

Musk said the production issues left Tesla "bleeding money like crazy." He added that the luxury electric car maker might have collapsed had the issues not been resolved quickly.

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