Tesla is Real Money's Stock of the Day

Tesla Inc. (TSLA - Get Report) CEO Elon Musk told shareholders Tuesday at the company's annual meeting that there's a "decent shot of a record quarter," for the electric vehicle maker, but he appeared to back away from previously expressed hopes for sustained profitability.

His comments come after shares of the electric car company hit a two-year low on June 3rd over demand concerns.

However, shares have since rebounded more than 20%.