Tesla 2019 shareholder meeting

Tesla held its 2019 shareholder meeting on Tuesday in Mountain View, California.
CEO Elon Musk said demand for Tesla’s vehicles continues to be strong, despite concerns sparked by disappointing first-quarter delivery numbers.
Musk predicted the company’s upcoming Model Y SUV will generate more demand than the three vehicles Tesla currently offers — the Model 3, Model S sedan, and Model X SUV — combined.
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Tesla held its 2019 shareholder meeting on Tuesday in Mountain View, California.

“It’s been a hell of a year, but a lot of good things are happening,” CEO Elon Musk said before highlighting the sales and performance capabilities of the electric-car maker’s Model 3 sedan against its electric and gas-powered rivals.

“Resisting the temptation to pick on competitors. I will not do that,” Musk said.

Read more: It’s still too early to tell if Tesla’s Model 3 will be its ultimate answer to profits, experts say

Musk said demand for Tesla’s vehicles continues to be strong, despite concerns sparked by disappointing first-quarter delivery numbers.

“I want to be clear,” he said. “There is not a demand problem.”

Tesla is selling far more vehicles than it can produce, Musk said, and has a “decent shot” …read more


Source:: Businessinsider – Tech

      

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