The US electric car manufacturer Tesla (TSLA) has announced that the company Q1 information will be released on Wednesday, the 24th April. Also the Investor Day related to Autonomous driving would be next week Monday the 22nd April.
Tesla published a couple of weeks ago its last year production figures. According to that, Tesla produced approximately 77 100 total vechiles, of which were 62 950 Model 3. Deliveries were approximately 63000 vehicles, which was 110 % more than the same quarter last year. Also Tesla confirmed that the guidance for this year would be 360000-400000 vehicles deliveries.
Yesterday the company also announced changes to its board. According to information Brad Buss and Linda Johnson Rice wil not seek re-election, which means that the Board size will decrease to nine. The company has also published new governing rule which cuts the term to two years instead of three. This means that there would be also changes in the Board during 2020. The annual shareholder meeting will be on June, the 11th. The new governing rule will help shareholders vote on the Board performance more frequentely.
Tesla share rose 0,75 % to 273,26 dollars in New York before the Easter holidays. During one year period the share has declined 5,85 %. During 2019 the share has plunged 18 %.