Tesla Shareholders Demand More From the Company
A Tesla logo in an empty parking bay at a Supercharger station, Sant Cugat, Spain, July 10, 2019.
Photographer: Angel Garcia/BloombergGood morning, and happy Wednesday. Tesla Inc. reports 3Q earnings today, and chief executive officer Elon Musk might make good on his promise to skip the call, which would be a first. “I will no longer be default doing earnings calls,” said Musk in July. “I think going forward I will most likely not be on earnings calls, unless there’s something really important that I need to say.”
Tesla has been on a roll of late: strong third quarter vehicle deliveries despite the chip shortage have seen the stock gyrate upward. Tesla’s market value is roughly $875 billion — a trillion dollar valuation no longer seems impossible.