On the Tesla earnings call, Elon Musk talks the sale of Twitter and a potential recession.
After the bell, Tesla released its third-quarter financial results
During the earnings call, management addressed a wide variety of issues
including macroeconomic worries and CEO Elon Musk's impending takeover of Twitter.
Musk addressed queries from shareholders on the demand for electric vehicles
and a potential share repurchase during an earnings call on Wednesday to discuss the results.
I can't stress this enough, but we anticipate to sell every car we produce for as long as we can imagine.
The plants are functioning at full capacity, we are delivering every car we build, and maintaining healthy operating margins."
According to him, Tesla would most likely do a "major repurchase" in 2019