Elon Musk Reaffirms Tesla’s Bullish Deliveries Forecast

(Bloomberg) — Tesla Inc. expects to see deliveries grow on the order of 30% to 40% this year, reaffirming its forecast at a time when automakers are struggling to recover from the coronavirus pandemic, Chief Executive Officer Elon Musk told shareholders.“While the rest of the industry has gone down, Tesla has gone up,” Musk said at the company’s annual meeting Tuesday. “We’ll do really pretty well in 2020, probably somewhere between 30-40% growth despite a lot of very difficult circumstances, so many: pandemic, wildfires, a whole bunch of difficult production issues.”Tesla has said it expected to deliver 500,000 vehicles this …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.