Ford CEO Jim Farley dismissed Tesla Cybertruck as “a cool high-end product parked in front of a hotel” rather than “a truck for real people.” Will he eat his words? During an interview with CNBC, Farley appeared to want to distance Ford from Tesla a bit after his company agreed to adopt Tesla’s NACS connector. He described the … Read more
Among the many topics addressed by Elon Musk yesterday during Tesla 2023 Annual Shareholders Meeting, the Cybertruck inevitably popped up. As reservation holders and EV enthusiasts are waiting for initial production to start this summer at Gigafactory Texas, Elon Musk has provided an estimate of annual sales for the electric pickup truck. He said he … Read more
Tesla Inc.’s eventful, nearly two-hour-long annual shareholder meeting late Tuesday seemingly had something for everyone: Tesla’s stock was up nearly 4% on Wednesday. Here are the takeaways from the meeting: Succession: ‘It ain’t so’ That was Chief Executive Elon Musk’s answer when he was asked about rumors he’d be stepping down from his post. Wedbush analyst … Read more