Tesla held its annual shareholder meeting today. (You can watch the whole thing on YouTube below.) Below are some highlights from the meeting. Overall, like Elon Musk likes to do with these and as I
, he also noted that Tesla produced its 3 millionth car in recent weeks. He referenced the fact that 10 years ago, by August 2012, they had produced fewer than 3,000 vehicles, and in just that short time, that number had risen to 3 million.
On the topic of Tesla’s financial trends over time, he noted that the above graph “approximately tracks to sort of mental pain, actually — psychic damage.” More seriously, he added, “I’m just very proud of the fact we’ve actually been able to produce more cash than we have spent, and have positive retained earnings, and be worth our salt essentially.” Then he said in a quiet, joking voice expressing understatement, “And I think, uh, it’s going to go up from here.
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