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elon musk: Tesla's cheaper car push may put India, Mexico in back seat

The worlds top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times," it added.
United States Indian Prime Minister Narendra Modi Elon Musk Electric Vehicles Model 2 Narendra Modi

Tesla earnings: Tesla earnings a 'moment of truth' for Elon Musk after stumbles

Tesla CEO Elon Musk faces heightened pressure with Tuesdays earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline. Tuesdays earnings and conference call are a "moment of truth" for Tesla and Musk, constituting "one of the most important moments in the companys history in our view," said a note from Wedbush.
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