Hyperdrive
Elon Musk Dials Back Tesla Production Forecast, Hours After Making It
- CEO sees annualized production rate of 500,000 by end of 2019
- Electric-car pioneer has history of snafus with his tweeting
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Elon Musk corrected a prediction for how many cars Tesla Inc. would make in 2019, just hours after tweeting that production would reach about 500,000 vehicles this year.
The electric-car pioneer, who has a track record of snafus on Twitter, said he intended to tweet that Tesla expects to be making cars at an annual rate of about 500,000 by the end of 2019. Musk said Tesla still forecasts deliveries of about 400,000 vehicles this year.