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Musk Announces Return to Tesla (TSLA) Earnings Call after Refusal to Attend 3Q Event

November 30, 2021 12:23 PM EST

Tesla (NASDAQ: TSLA) CEO, Elon Musk, announced on Twitter Monday that he would be returning to the company’s fourth-quarter earnings call in January after sitting out the third-quarter event. In July, Musk announced that he would no longer be taking part in the quarterly updates "unless there’s something really important that I need to say." The 3rd quarter call was handled by CFO Zachary Kirkhorn and investor relations director Martin Viecha.

Musk made the announcement while responding to questions from followers on Monday "Oh man, this year has been such a supply chain nightmare & it’s not over! I will provide an updated product roadmap on next earnings call." The announcement came as a response to questions about the company’s delayed Cybertruck, which he said "is intentionally an insane technology bandwagon" and "will reach far into a post-apocalyptic future & bring that technology to now."

At a shareholder meeting in October, Musk said Cybertruck production will begin next year and reach volume production in 2023.

Tesla shares closed up 5% at $1136.99 on Monday.

By Michael Elkins | [email protected]



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