They added that CEO Elon Musk and Tesla board members will be meeting SEC officials, possibly next week.
The NYT article opens with: “Elon Musk was at home in Los Angeles, struggling to maintain his composure. “This past year has been the most difficult and painful year of my career,” he said. “It was excruciating.” He spoke about missing out on his birthday and living in the Nevada-based Gigafactory. Musk also commented on his lack of sleep and his use of Ambien.
It was quotes like this that stunned many: ““It seemed like better karma at $420 than at $419,” he said in the interview. “But I was not on weed, to be clear. Weed is not helpful for productivity. There’s a reason for the word ‘stoned.’ You just sit there like a stone on weed.” – – NYT
Considering the fact that there is no proof that any funding has been secured from Saudi Arabia – or anywhere else, board members and stockholders are very concerned.
Throughout his interview, he acknowledged stress and time constraints along with major stress coming from short sellers. He concluded with, “But, he added, “if you have anyone who can do a better job, please let me know. They can have the job. Is there someone who can do the job better? They can have the reins right now.”
After the New York Times’ article was released, Tesla followed up with: In response to questions for this article, Tesla provided a statement that it attributed to its board, excluding Elon Musk. “There have been many false and irresponsible rumors in the press about the discussions of the Tesla board,” the statement said. “We would like to make clear that Elon’s commitment and dedication to Tesla is obvious. Over the past 15 years, Elon’s leadership of the Tesla team has caused Tesla to grow from a small start-up to having hundreds of thousands of cars on the road that customers love, employing tens of thousands of people around the world, and creating significant shareholder value in the process.” – – Tesla
You can read the New York Times article in its entirety (here).
While the company is certainly undergoing some tumultuous times, their cars are still pretty damn quick. Here a Tesla Model 3 Performance Dual Motor takes on a McLaren 570s:
