Questions have been raised about global demand, especially for the Model 3 sedan.
While the vehicle wasn't needed - and may have been more of a PR boost to Tesla than anything else - it seems that Musk is confident in Tesla's ability to make vehicles for sea as well as land. "There is absolutely not", Musk said.
"We might get into the mining business".
Deliveries fell 31 percent in the first quarter, but Musk echoed his forecast from last month that the company was on track to hit record deliveries in the second quarter.
Kroger to sell CBD products in almost 1,000 stores
The Cincinnati-based grocer will begin selling lotions, balms, oils, and creams at its stores in 17 states as soon as this week. CBD, or cannabidiol, is a product that comes from the cannabis plant.
United Technologies-Raytheon Merger to Create Long-Term Value
One potential snag is that Patrick Shanahan, a former Boeing Co executive, is now acting secretary of defense. In pre-market trading, United Technologies rose 3.7pc to $137, while Raytheon was 9.2pc higher at $203.
Very large "dead zone" forecast for Gulf of Mexico
The US National Oceanic and Atmospheric Administration released its forecast for the year's hypoxic zone on Monday. Heavy rains fueled end to-chronicle flooding along the Mississippi River for the length of the spring.
"It will not be long before we have a 400-mile range vehicle", he said.
To do that, it will have to beat the $US312 million ($A448 million) profit Tesla reported for the third quarter of 2018, which was the company's first profitable quarter ever reported and notably included a 20% margin on its Model 3 alone.
Tesla's current quarterly records came during the final three months of past year when it manufactured more than 85,500 vehicles and delivered 90,700.
Which is not without its challenges, as noted by Musk and evident in Tesla's Q1 loss.
Ninety percent of Tesla orders are new customers without a vehicle reservation.