Musk Touts March 14 Model Y Event as Demand Questions Linger
In the midst of falling share prices, yet another tiff with the Securities and Exchange Commission and the announcement of physical store closures, Tesla CEO Elon Musk tweeted Sunday that the company will unveil its new Model Y, an SUV to meet shifting US customer demand, in around two weeks time.
BY BLOOMBERG NEWS, DANA HULL
Elon Musk said Sunday that Tesla will unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning US federal tax credits threaten the company's growth narrative.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
