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NOV 05, 2013 - Business Insider

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ELON MUSK ON TESLA'S TIGHT SUPPLY: We've Had To Starve America To Feed Europe (TSLA)

Tesla reported Q3 earnings, and the stock took a beating after hours. This was in large part because the company delivered 5,500 Model S vehicles, which was below analyst expectations. During the company's earnings call, Tesla CEO Elon Musk said, "we really are production constrained, not demand constrained." He said the main constraint on production has been the cells. In fact, he pointed out that they had to hold back car deliveries in the U.S. to deliver to Europe. "U.S. demand or North American demand has continued to increase. We've actually had to starve North American demand in order ... Read More

Tags: ELON MUSK ON TESLA'S TIGHT SUPPLY: We've Had To Starve America To Feed Europe (TSLA),  Company Latest News