Responding to a question about compact [Golf size] and sub-compact [Fiesta size] cars, Musk told the Tesla shareholders' conference: "I think we'll do a compact auto in less than five years". Tesla previously stated a late 2019 production goal for the Model Y, but it remains unclear at this point if the company will be able to hit that target.
Tesla Inc. shareholders sided with its besieged board by defeating a proposal to require that the chairman be an independent director and approving the re-election of three directors criticized by an activist investor group.
The new teaser is once again a shadowy shot devoid of details but it does provide a glimpse of the proportions of the Model Y, which Musk said Tuesday would be revealed in March 2019 and put into production in early 2020.
The Model 3 may be critical for the automaker to stay alive without turning to investors for more money this year, but the upcoming Tesla Model Y crossover could be critical to vault the automaker's bottom line beyond survival.
Also on the vehicular front, Musk said Tesla would begin offering Model 3 test drives in some of its store locations by the end of the month.
Cal/OSHA opened at least two inspections of Tesla in April. Tesla has focused on high-priced configurations, some exceeding $70,000, since the auto began rolling off assembly lines in 2017.
Announcement imminent as Manchester United schedule medical for next week
But he told the magazine: "I am not close at all". "I think being the coach of a club is my job. Mourinho had previously claimed that he would like to coach his country, when he feels "tired".
But shareholders appeared Tuesday to affirm Musk's leadership by shooting down a proposal that could have stripped him of his role as chairman of the board. Kallo also mentioned the re-election of three board members as a vote of confidence in Tesla's management, adding that the company's energy storage business is an "opportunity" that is now "underappreciated" by some investors. "But I think we're getting there".
'Then I had a road bike until I was 17 and was nearly killed by a truck, ' Musk said.
Also, Tesla will not be building a motorcycle.
"We do, however, wish to see more discipline with the CEO's pronouncements, but don't expect much improvement there".
Tesla will eventually build 10 or 12 Gigafactories worldwide, said Musk, with the goal of localizing production at least to the continent level.
The CEO noted that plans for the trial will be announced within the next few months.