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By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla Inc engineers at the company's Investor Day on Wednesday described plans to cut vehicle assembly costs by half, and Chief Executive Elon Musk hinted at a next
At the close of trading Wednesday, Musk's net worth was down $1.91 billion on the day, to $184 billion, dropping back below the $186 billion fortune of luxury goods mogul Bernard Arnault.
Shares fell more than 5five per cent in after hours trade following presentations at the company’s investor day from its Texas headquarters
Musk said the key to driving Tesla's sales volume would be bringing prices down for consumers