Elon Musk’s Very Busy Week
From artificial intelligence to high-speed transportation, Elon Musk and his various companies made a lot of headlines this week.By Evan Thomas | January 17, 2015
It was a very busy week for Elon Musk and his businesses.
On Tuesday, Musk was at the 2015 Automotive News World Congress, where he announced Tesla should be selling half a million cars a year by 2020, and profitable.
Investors rewarded this milestone outlook by driving Tesla’s stock down 6.5 percent. The Wall Street Journal notes “The huge investments in capital and new product development limit Tesla’s ability to make money in the short term.”