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IPFS News Link • Business/ Commerce

"No Demand Problem":

• https://www.zerohedge.com by Tyler Durdan

Just weeks ahead of having to face reality report his company's Q2 numbers, Elon Musk went on the record yesterday during Tesla's annual general meeting and told the world that there was "not a demand problem" for Tesla vehicles, according to ARS Technica

As a reminder, this is the same CEO that once promised profitable quarters going forward from Q2 2018 - and who just posted a more than $700 million loss to start off 2019. But the market once again appeared to take Musk's pump guidance at its word, and Tesla stock shot up in Tuesday's after-hours session and Wednesday's pre-market session.

In his initial statement to the audience, Musk reiterated what he said in a conveniently leaked email weeks ago: that there was a chance that Q2 2019 could be a "record quarter". 


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