ELON MUSK: Here's What Cheaper Gas Means For Tesla
REUTERS/Lucy Nicholson
"It just means we will have to work harder at improving the cost of electric vehicles," he says.
Musk made his comments at the North American International Auto Show on Tuesday.
Tesla's sales are down in China, where consumers are concerned about how they can recharge their cars at home. As a result, sales in the fourth quarter took a major hit in the country, and now the company's stock is getting hammered.
Musk says "China is a small percentage of our sales right now," calling the market as "a wild card that seems to change for reasons we don't understand."
- Should you be worried about the potential side-effects of the Covishield vaccine?
- India T20 World Cup squad: KulCha back on menu, KL Rahul dropped
- Sales of homes priced over ₹4 crore rise 10% in Jan-Mar in top 7 cities: CBRE
- Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
- Best beaches to visit in Goa in 2024