Tesla Dips After Musk Tempers Battery Day Expectations

(Bloomberg) — Elon Musk tempered expectations for Tesla Inc.’s long-awaited battery day by cautioning that the company will unveil something that won’t be widely produced for two years.Tesla shares fell as much as 5.4% before the start of regular trading, paring massive gains over the last several months that were fueled in part by anticipation of the event. Musk said the information he’ll announce Tuesday will affect production of Tesla’s Semi, Cybertruck and Roadster models, all of which have been unveiled but are still in development.In another tweet early Tuesday, Musk warned of the “extreme difficulty” of scaling up production …read more

Source:: Yahoo Finance