Elon Musk Goes Live On Twitter, Says He Is Not MIA At Tesla via insideevs.com
even though he said he wasn’t going to do it. However, Elon says he has no plans to not be a part of Tesla and yesterday he went live on Twitter where he tried to dispel some of the negative views that had gathered about both him and Tesla.He made it clear that he was present for all the importantmeetings and that he is certainly not MIA as some had suggested.
Musk also tried to cull fears caused by the recent drop in Tesla share prices, which fell by as much as 50 percent this year. He believes that the company is apt to handle any economic scenario, even very negative ones, and commented that I think Tesla will weather an upcoming economic storm better than any company. Unless the company is making bread. If you are a ship in the storm, even if you have a great ship, you are still going to be hit. There is latency in the supply chain., whose location has apparently yet to be chosen , and the company is apparently cautious given the imminent recession that analysts keep pointing to.
Deploying capital at the fastest rate we can without being wasteful. We are making investments, and can’t say too much, but we are close to picking a location for the next Gigafactory. We are being careful and deliberate about that. We are coming into recession in a strong position.
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