Elon Musk said at the annual meeting of electric car maker Tesla on Tuesday that he would remain the CEO of the company. At the same time, he said that the next 12 months are going to be difficult for the economy. Many companies may go bankrupt in this. Musk told at the event that Tesla received 3.6 million job applications in 2022. At the same time, he also teased two new EVs. Along with this, he said that by the end of this year the delivery of cyber truck will start.
1. Elon Musk will remain the CEO of Tesla
There were rumors that Elon Musk may step down as CEO of Tesla. In such a situation, an attendee who attended the meeting asked Musk if he was thinking of leaving Tesla. Musk replied- 'It is not so.' He said, 'I think Tesla is going to play an important role in AI (Artificial Intelligence) and AGI (Artificial General Intelligence) and I think I have to see it all go well.'
2. Delivery of Cyber Truck by the end of this year
Elon Musk said that Tesla will begin deliveries of the Cybertruck by the end of this year. The company should be able to deliver 250,000 to 500,000 Cybertrucks per year once production begins. Musk also said that he would drive the Cybertruck on a daily basis. Tesla first announced the Cybertruck in 2019, but production has been repeatedly delayed. Musk apologized for the delay and promised that the product would exceed expectations.
3. Next 12 months difficult for the economy
Musk predicted that the next year would be difficult for the economy due to several factors. Higher interest rates will have a big impact on the affordability of cars, he said. A lot of companies may go bankrupt in the coming months, but Tesla is well positioned to weather the storm and emerge stronger than ever. My advice would be don't look at the markets for the next 12 months.
4. Model Y will be the best selling car on earth
Elon Musk said that this year the Model Y will be the best selling car on earth. During the event, Musk also teased two new electric vehicles that will be joining Tesla's lineup. The CEO said Tesla is in the process of building one and designing the other. Both the new vehicles in Tesla's lineup are expected to be affordable and will sell in high volumes.