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Tesla CFO leaves as automaker promises profits and cheaper cars

Updated : January 31, 2019 06:36 AM IST

The company also announced that its chief financial officer, Deepak Ahuja, would retire, extending a slide in shares after hours to nearly 6 percent.
Chief Executive Elon Musk insisted that demand for the Model 3 was not an issue, as the company begins to ship the car to Europe and Asia from its Fremont, California factory.
Wednesday's results offered a mix bag for investors as the company both expressed optimism that it could post a profit in the first quarter despite fewer deliveries of its flagship S and X vehicles, while warning of challenges such as logistics and global deliveries of its new Model 3.
Tesla CFO leaves as automaker promises profits and cheaper cars

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