And those goals are pretty lofty, all glory and honor are Musk's if he pulls it off but I'm not betting on it.
The stock is up 70 cents at $357.61.
From Business Insider, Aug. 3:
About 63,000 people have canceled their Tesla Model 3 orders in the past year, Tesla CEO ElonMUSK.
Musk said during the electric-car company's quarterly earnings call on Wednesday.
Total orders for the entry-level electric luxury sedan dropped to 455,000 from about 518,000, Musk said, but he suggested the cancellations were merely a drop in the bucket because the company had averaged about 1,800 new Model 3 reservations a day since Friday, when the first 30 cars were handed over to Tesla employees.
Customer deliveries will begin this fall.
Musk took the cancellations in stride, saying that Tesla could drive up the Model 3's reservation numbers with little effort but that doing so wouldn't serve the company or its growing legion of potential customers....MORE