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Musk and Tesla Have Been Busy Shaking Up The Auto Industry

Musk and Tesla Have Been Busy Shaking Up The Auto Industry

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While traditional carmakers worry about trade wars, Tesla Inc. has been busy shaking up the auto industry in a different way. The company built more than 5,000 Model 3 sedans in the last week of the second quarter, finally exceeding a long-sought production target critical for Elon Musk’s goal of bringing electric cars to the masses. Tesla “just became a real car company,” the chief executive officer said in an internal email Sunday obtained by Bloomberg News. It rose 4.6 percent in pre-market trading, pushing gains this year to more than 10 percent.

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