All the highlights (and quips) from Tesla’s annual shareholder meeting
Michael J. Coren, qz.com, June 6, 2017
Tesla CEO Elon Musk likes to use his annual meetings to banter with fans in the audience when he isn’t batting away challenges from shareholders. At the 2017 meeting today (June 6), fresh off a streak of stock success dating back to Dec. 2016 and with shares continually hitting new heights, Musk was in a good mood answering questions submitted over Twitter and musing about the future of electric transport.
Tesla’s management also successfully fended off institutional investors’ attempt to make board directors face annual elections, rather than serving staggered, three-year terms. The motion, designed to create a more independent board, was rejected. Here are the highlight from Musk’s discussion:
Go, go superchargers
Tesla is making a big push to expand its supercharger network of fast-charging stations—capable of adding enough charge to drive 170 miles in 30 minute—for Tesla owners. The company plans to double the number of superchargers this year to 10,000 by end of 2017, and add at least 50% more the following year. Tesla says it’s adding “amenities” to certain supercharger stations, although did not give specifics. City dwellers, especially those without access to chargers at home, can expect easier access to superchargers, as Tesla broadens its focus from serving long-distance drivers.
Videos: Tesla Shareholder Webcast Here.
Here’s Everything You Missed From Tesla’s Annual Shareholder Meeting
Dom Galeon, Futurism.com, June 7, 2017
Tesla’s annual shareholders meeting took place yesterday, and for many, the highlight of the event was CEO Elon Musk taking the stage. In addition to answering questions from Twitter, he delivered updates on several forthcoming Tesla projects.
AN ANNUAL UPDATE
Tesla founder and CEO Elon Musk is a showman, perhaps on par with Apple’s Steve Jobs when it comes to big reveals during public appearances.
His usual platform is Tesla’s annual shareholder meeting, but yesterday, he didn’t deliver much by way of reveals. Still, Musk did paint the general direction Tesla would be taking in the next several months while addressing the shareholders and responding to questions from Twitter.
If you missed the livestream of the presentation, don’t fret. Here’s everything you need to know from it.
AN SUV, A SEMI, AND…AN AIRPLANE?
Musk mentioned three upcoming vehicles that Tesla has been working on: the Model 3, the Model Y, and an electric semi truck (that last one’s so exciting it deserved an article all to itself).
The Model 3 is expected to be released by the end of the month, and Musk emphasized the vehicle’s relative simplicity. “I should say that we’ve kept the initial configurations of the Model 3 very simple,” said the CEO. “A big mistake we made with the X, which is primarily my responsibility — there was way too much complexity right at the beginning. That was very foolish.”