UPDATE: Tesla Motors; (TSLA) Musk: 'We're Production Limited, Not Demand Limited' - CNBC
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(Updated - November 13, 2012 12:13 PM EST)
Tesla Motors (NASDAQ: TSLA) shares are ticking higher as CEO Elon Musk speaks on CNBC. In part, Musk commented that Tesla is "production limited, not demand limited."
UPDATE - Musk also commented that he was "very confident" on FY13 targets and Motor Trend selected the Model S as its "Car of the Year."
The Motor Trend designation comes following a similar award from AUTOMOBILE Magazine earlier in November. Click here for more color.
Shares are up 2.5 percent Tuesday.
Tesla Motors (NASDAQ: TSLA) shares are ticking higher as CEO Elon Musk speaks on CNBC. In part, Musk commented that Tesla is "production limited, not demand limited."
UPDATE - Musk also commented that he was "very confident" on FY13 targets and Motor Trend selected the Model S as its "Car of the Year."
The Motor Trend designation comes following a similar award from AUTOMOBILE Magazine earlier in November. Click here for more color.
Shares are up 2.5 percent Tuesday.
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