Elon Musk says Tesla deliveries will rise 30% to 40% in 2020

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Elon Musk says Tesla deliveries will rise 30% to 40% in 2020
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'In 2019, we had 50% growth. And I think we'll do really pretty well in 2020, probably somewhere between 30 to 40 percent growth, despite a lot of very difficult circumstances,' said CEO Elon Musk at the company's 'drive-in' shareholder's meeting

SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019.

Musk also teased forthcoming updates to the company's automated driving systems which it has marketed as a "Full Self Driving" option for $8,000.postponed the annual meeting from July to Sept. 22, 2020 this year. The company previously held its shareholder meetings at the Computer History Museum in Mountain View, California but moved it to Fremont, where its U.S. vehicle assembly plant is based.

The shareholder meeting is taking place in conjunction with a "battery day" presentation, where Tesla is expected to disclose specifications for at least one new type of battery cell that it has been developing, and an aspiring start-date for manufacturing its own cells at scale.won't find their way into mass productionThose who wanted to attend had to obtain a winning lottery-style ticket to the meeting.

Tesla also appointed a new board member, Hiromichi Mizuno, formerly the Chief Investment Officer of the Japan Government Pension Investment Fund, and a famous critic of shortsellers. Long-time Elon Musk collaborator and proponent, venture capitalist Steve Jurvetson, is leaving the Tesla board as well, though he still sits on the board of Musk's aerospace venture, SpaceX., which the company implemented in August this year.

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