Musk Tells Tesla Shareholders Consumer Demand Not a Problem

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Musk Tells Tesla Shareholders Consumer Demand Not a ProblemTesla has said it expects to deliver 90,000 to 100,000 cars in the second quarter, but questions of demand have lingered after a disappointing first quarter with deliveries of just 63,000 vehicles. “I want to be clear: there is not a demand problem,” the CEO said at Tesla’s shareholder meeting at the Computer History Museum in Mountain View, California. Musk’s remarks were welcomed by investors, who bid up Tesla shares as high as 5.3% in after-market trading.

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