Tesla shares pop after positive Model 3 production comments from Musk at shareholder meeting

Tesla shares pop after positive Model 3 production comments from Musk at shareholder meeting

6 years ago
Anonymous $qrGo_Xv_Cm

https://www.cnbc.com/2018/06/06/tesla-shareholder-meeting-elon-musk-reveals-automakers-factory-plans.html

Tesla stock rose more than 4 percent in premarket trading, after the company revealed it is nearing its Model 3 weekly production rate and shareholders at Tesla's annual meeting backed Elon Musk as chairman and CEO.

Musk told shareholdersit is "extremely likely" Tesla will hit a weekly Model 3 production rate of 5,000 cars by the end of the month. Tesla has been struggling with Model 3 production issues and and faced concerns about its finances.