World News: 01:28 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
Tesla CEO Elon Musk assured shareholders the electric car maker has recovered from a disappointing start this year and promised to counter media coverage that he believes has distorted perceptions about the unprofitable company's long-term prospects. 'It has been a hell of a year, but a lot of good things are happening,' Musk said Tuesday during Tesla's annual meeting in Mountain View, California. Among other things, Musk has tangled with stock market regulators about a tweet dangling a buyout of Tesla that never materialized , and broken a pledge to make Tesla consistently profitable .
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