As Tesla losses continue, Musk points to global growth

As Tesla losses continue, Musk points to global growth

Automotive gross margins slipped and the stock sank, but CEO Elon Musk projected continued rapid growth and “incredible” profits in the second half of 2020. One surprise: J.B. Straubel, who brought Musk to Tesla, will become a senior adviser, handing his CTO job to a protégé.

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