12 Months Post-Musk Warning: Still Safe to Short Tesla?
It was only last week that we learned Tesla Motors’s (NASDAQ:TSLA) CEO and founder Elon Musk was planning on embarking on a 6-day cross country roadtrip with his five sons to prove that the automaker’s iconic Model S could make the 32,000-mile journey easily and successfully, thanks to the company’s growing network of Supercharger stations. Critics have long maintained that EV travel is not only expensive, but also inconvenient and dangerous, and the South African native is now more than happy to prove his naysayers wrong by taking on the trip himself.
Fox Business was lucky enough to catch Musk before he began his journey Thursday, and as he sat at one his Supercharger stations in Hawthorne, California, the CEO had many interesting things to report.
Musk, as always, continues to remain adamant about the fact that Model S sedans are for Americans everywhere, not just those on the West and East coasts, especially in New York and LA. His Supercharger stations are popping up across the country, and although there is a conspicuous gap of them in the nation’s Midwest — as Fox Business’s Liz Claman quickly points out — Musk maintains that that soon is about to change. The CEO sees his 6-day roadtrip as a way to appeal to those Midwesterns who incorrectly assume a Model S is not the car for them, and he hopes to meet many people on what he calls his “whistle stop tour.”