Tesla Shares Tick Up on Elon Musk's Push for Cost Savings
Elon Musk said its imperative for Tesla to deliver 'every car we possible can.'
Tesla Motors (TSLA) - Get Report shares were up Tuesday after Elon Musk, the CEO of the electric-car manufacturer, said he is urging employees to cut costs. Musk is said to be pushing employees to produce more and spend less in order to deliver 'every car we possibly can,' according to Bloomberg. The CEO added in a message to employees that the company will be in a 'far better position to convince potential investors to bet on us' if Tesla is able to achieve profitability.
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