Tesla lost sales on the left, gained on the right and has turned around: Elon Musk

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Billionaire Elon Musk asserted that Tesla has bounced back from the blowback it faced in recent months and said demand for electric vehicles is healthy.

In an interview with Bloomberg at the Qatar Economic Forum, Musk said the stock market is aware of the company’s positive direction. “It has already turned around. Europe is our weakest market, but we’re strong everywhere else. Sales are doing well at this point, and we don’t anticipate any meaningful sales shortfall,” he said, adding that the company’s market capitalisation was back above $1…



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Tesla lost sales on the left, gained on the right and has turned around: Elon Musk


Billionaire Elon Musk asserted that Tesla has bounced back from the blowback it faced in recent months and said demand for electric vehicles is healthy.

In an interview with Bloomberg at the Qatar Economic Forum, Musk said the stock market is aware of the company’s positive direction. “It has already turned around. Europe is our weakest market, but we’re strong everywhere else. Sales are doing well at this point, and we don’t anticipate any meaningful sales shortfall,” he said, adding that the company’s market capitalisation was back above $1…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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