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Elon Musk Backtracked On Claim That Tesla Will Make 500,000 Cars In 2019

Video Credit: Wochit - Duration: 00:48s - Published < > Embed
Elon Musk Backtracked On Claim That Tesla Will Make 500,000 Cars In 2019

Elon Musk Backtracked On Claim That Tesla Will Make 500,000 Cars In 2019

Elon Musk backtracked on claims he had previously made about Tesla's expected 2019 production.

Business Insider reports Tesla's CEO originally tweeted that the automaker will "make around 500,000" cars in 2019.

About four hours later, he wrote, "Meant to say annualized production rate at end of 2019 probably around 500k, ie 10k cars/week.

Deliveries for year still estimated to be about 400k." In a regulatory filing Tuesday, the company stated it expects to hit that rate "on a sustained basis by the end of 2019." Also on Wednesday, Tesla confirmed its general counsel Dane Butswinkas is leaving the company after just two months.

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