Tesla stock

Tesla Model Y Details Flow Out Of Tesla’s Annual Shareholder Meeting (#ElonTalks)

Tesla held its annual shareholder meeting on June 6th, 2017, at 2:30pm PST. The meeting included a summary of progress to date as well as a look into the future for the company. A key piece of that message focused on Model Y, which was initially planned to be a compact utility vehicle built on the platform for the Model 3. Elon shared that “We made a mistake designing Model X from the Model S platform,” which resulted in it being shoehorned onto a sub-optimized platform that required some concessions.

Model X Wedding Crasher, Jonas Issues TSLA Warning, Lyndon Rive Leaves Tesla/SolarCity

Tesla, “the company that Twitter built,” had a banner day in the headlines yesterday. A Model X rented for a wedding was crashed into by a stolen car. Meanwhile, SpaceX launched its heaviest satellite yet. Adam Jonas, one of the biggest cheerleaders for Tesla stock on Wall Street lowered his sights a bit. And Elon Musk’s cousin, Lyndon Rive, says he will leave the company next month to pursue “other opportunities.”