The move overturned around a third of the impact of a rocky few months for Tesla, which has seen shares fall by a quarter from a peak last September as it battled with production delays and reports of a series of car crashes. Speaking at the company’s annual shareholder meeting on Tuesday, Musk offered teasers for upcoming projects, welling up when he spoke of the company’s vehicles being made “with love” and said his production lines have demonstrated the ability to make 3,500 Model 3 vehicles per week. Tesla’s future profitability hinges on ramping up output of the …read more
Source:: Yahoo Finance
