Tesla shares soar after Musk predicts improved production

Jamie McKane

MyBroadband Journalist
Super Moderator
Joined
Mar 2, 2016
Messages
4,892
Tesla shares soar after Musk predicts improved production

Elon Musk is confident Tesla Inc. can finally meet a production target with its crucial Model 3 and predicted that manufacturing will actually become a strength for the electric-car maker over time.

The shares surged Wednesday after Musk, Tesla’s chief executive officer, said the company was “quite likely” to build 5,000 of the sedans a week by the end of this month.

[Bloomberg]
 
Top