Deals
Elon Musk Sees Tesla Master Plan Costing Tens of Billions
- Musk says he doesn’t plan on spending billions more right away
- Tesla energy storage growth may exceed that of its cars: Musk
Future of Tesla: Breaking Down Musk's 'Master Plan'
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A 1,500-word manifesto that Elon Musk unveiled last week, outlining his plan to expand Tesla Motors Inc.’s electric-vehicle line and to build “stunning solar roofs,” may end up costing the company tens of billions of dollars to carry out.
Musk, Tesla’s chairman and chief executive officer, gave the estimate on Tuesday after a tour of the company’s battery factory under construction in Nevada. He quickly added that he doesn’t plan on spending billions more right away.