Musk said Model 3 gross margin problem boring Tesla crash after market

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 Musk said Model 3 gross margin problem boring Tesla crash after market


On the contrary, the chief executive of Tesla responded enthusiastically to several questions raised by Tesla fans and 25 year old retail investor Gary Russell (GaliRussell). The 25 year old retail investor pushed to musk on Monday to ask whether tteslas chief executive could answer several of his public - chip questions at a conference call Wednesday night. The result was that Russell was allowed to ask a few questions. After cutting off the phone with Wall Street analysts, Tesla shares fell sharply. The release of the companys first quarter earnings also sparked worries about Teslas cash flow and how to raise profit margins while increasing Model3 production. In the first quarter earnings call conference, musk also promised to carry out restructuring this month. He said: I feel very confident in the third quarter profit, which is not a definite thing, but I think it is likely to come true. We will reorganize this month and prepare for this goal. In response to Russells question, Mask also revealed that the ModelY electric car is expected to be put into production in 24 months, and the car will not be produced at the Fremont factory in California. Mask said: we will not start producing ModelY electric vehicles by the end of next year. Its probably 24 months later, in 2020... The Fremont factory is not suitable for the production of ModelY. One thing I know for sure is that it will not be produced here. (Han Bing) source: NetEase science and technology report editor: Wang Fengzhi _NT2541 In the first quarter earnings call conference, musk also promised to carry out restructuring this month. He said: I feel very confident in the third quarter profit, which is not a definite thing, but I think it is likely to come true. We will reorganize this month and prepare for this goal. In response to Russells question, Mask also revealed that the ModelY electric vehicle is expected to be put into production in 24 months, and that the car will not be produced at the Fremont factory in California. Mask said: we will not start producing ModelY electric vehicles by the end of next year. Its probably 24 months later, in 2020... The Fremont factory is not suitable for the production of ModelY. One thing I know for sure is that it will not be produced here. (Han ice)