“Tesla is currently between two major growth waves,” Musk told investors on Wednesday. Company is preparing to ship The new version of its driver-assistance system, he said, is making progress toward its next vehicle. Musk also faced questions about his public demand for 25 percent of the company's voting shares. Musk said Wednesday he wants the power to oppose activist investors who may have “weird ideas” about running Tesla. Tesla last month agreed to recall 2 million vehicles, nearly every car it produced, over concerns that Autopilot did not adequately protect against driver abuse.

Source: Washington Post January 25, 2024 17:37 UTC