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The world's 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.
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline. Tuesday's earnings and conference call are a "moment of truth" for Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush.
Tesla CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla carmaker and saying he aimed to reschedule the visit for later this year.
The "Halo oto" channel on YT provides fresh automotive info corroborated with their virtual designs; now, there are some new CGI ideas about the upcoming Tesla
Although it's one of the newest significant carmakers in the world, there is always a lot of talk about