When asked if his choice of clothing, a leather biker jacket, meant the firm was considering an electric motorcycle he admitted to the near-death experience.
'I actually used to ride motorcycles when I was a kid, dirt-biking for like eight years or something.
"So, we're not going to do motorcycles", Musk said.
"In less than a year from now, we will do another Gigawatt (project)". "I kind of say when I think it can occur, but then I'm typically optimistic about these things". Volume production of the $35,000 Model 3 would begin in Q1 2019.
Like Steve Jobs before him, Blank said, Musk excels as a visionary and innovator but struggles to implement that vision. Pictured, Valentino Rossi on a Ducati road bike.
NBIM in March voted against Elon Musk's proposed pay package, which was valued by Tesla at $2.6 billion and may ultimately become worth much more, although it was still approved by a majority of shareholders.
While Musk also holds the titles of founder and chief executive at Tesla, losing the chairmanship would significantly reduce his influence over the company, in which he has a 20% stake.
Musk said the company had been through "the most excruciating hellish several months that we've ever had".
Tesla better prepare for hundreds of thousands of orders. Musk was mum on details for the Model Y, and it's not clear where the small crossover would be produced. "I'm trying to recalibrate as much as possible".
Elon Musk expressed confidence about Tesla achieving the next production goal for its crucial Model 3, predicting that manufacturing will become a strength for the electric auto maker over time. A spokesperson declined to disclose the percentage of Model 3 deposits that have been refunded.
One of the reasons for Musk's assurance that Tesla is turning the corner on manufacturing is the addition of a third general assembly line that completes the process of putting together the Model 3. He did not mention if the $35,000 figure included a $7,500 USA tax credit to buyers of electric vehicles.
As Tesla's 'Autopilot' feature remains in the news for all the wrong reasons, the company is looking to release a free trial of its self-driving software in the coming months, in a bid to improve public trust in its capabilities. When it does debut, we can expect similar powertain options and a slightly higher price point than the Model 3. Tesla has not hit the intended goal of 5,000 cars per week.
As a result, the company's shares fell 5.4 per cent in after hours trading on November 1.