Yahoo Finance's Pras Subramanian joins Julie Hyman and Adam Shapiro to talk about why Musk says Tesla isn't dealing with a demand problem.
At Tesla's annual shareholders meeting on Tuesday, Elon Musk announced that the company has some new products in the works including a vehicle with a 400-mile range, the first Tesla-branded electric pickup truck, and maybe even an electric submarine auto.
Among other things, Musk has tangled with stock market regulators about a tweet dangling a buyout of Tesla that never materialized, and broken a pledge to make Tesla consistently profitable.
Exhausted of driving your vehicle on land like everyone else?
Kamala Harris: Trump is a 'clear and present threat to democracy'
Kevin McCarthy repeatedly defended Trump while not fully addressing Trump's statement. I don't think in my whole life I've ever called the Federal Bureau of Investigation .
Samsung’s 292-Inch Wall TV Turns Your Home Into a Movie Theater
The Korean technology firm is about to launch its breathtaking goggle box which is simply called The Wall. The company is yet to announce pricing for its next generation modular MicroLED display.
Man accused in New Zealand mosque killings pleads not guilty
Lichfield Street is expected to play host to the crowds again in August, when the accused will appear for a case review hearing. Wearing a gray sweat shirt, Tarrant was shown being brought into the room by three prison officers.
But the shareholders who spoke Tuesday left little doubt that they believe Musk is a misunderstood visionary. "There is absolutely not", Musk said.
Tesla has said it expects to deliver 90,000 to 100,000 cars in the second quarter, after doing just 63,000 in the first. Without going into specifics, Musk promised to do more to "debunk the myths" about Tesla, perhaps by setting up a website devoted to correcting inaccuracies. He also said Tesla has a "decent shot at a record quarter" in terms of sales and production.
Musk said it was on course to deliver a targeted 360,000 to 400,000 vehicles in 2019.
The company hopes to unveil the Tesla pickup truck this summer and hopes to get the Tesla Semi into production by the end of next year.
According to Musk, the Model 3 and Model Y will stop using animal-sourced products like leather by next year; right now, both models come standard with leather-covered steering wheels, as it's typically more durable than synthetic fabrics.