Tesla shares jumped as much as 5 percent after Reuters was first to confirm the veracity of an email from Chief Executive Elon Musk floated as a screenshot on Chinese chat sites in the early hours of May 23. Faith in Musk’s vision and the scale of near-term sales of its electric cars has been waning and the email appeared to counter concerns: that Tesla had resolved its production tensions, was pumping out some 7,000 of its Model 3 sedans a week and had another 50,000 net orders for the car in hand.
Musk’s leaked email authenticated by Reuters; market reacts
23 May 2019, 12:00 am 1 minute
Type: Reuters Best