Market Chatter: Musk Says Tesla Situation Has 'Already Turned Around'

MT Newswires Live05-20

Tesla (TSLA) Chief Executive Elon Musk said Tuesday in an interview on Bloomberg TV that poor sales figures that have plagued the EV-maker this year have "already turned around."

"We lost some sales on the left, and we gained some sales on the right," Musk said. "The sales numbers are strong. Just look at the stock price. Our stock wouldn't be trading near all-time highs if things weren't in good shape. Don't worry about it."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 349.06, Change: +6.97, Percent Change: +2.04

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