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Yes, Tesla came close to bankruptcy in the past. According to Elon Musk, the most critical period was in 2008, during the financial crisis and when Tesla was struggling to ramp up production of the Roadster. Tesla had significant financial issues and nearly ran out of money. Another instance was around 2017-2019 during the Model 3 production ramp, where Musk said Tesla was about "a month away from bankruptcy" due to the high costs and delays in scaling production.