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Musk: "Let's keep our Model 3 powder dry on announcements"

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Bokonon

Title-customizing Member
Jan 28, 2016
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Newton, MA
Just posted at Electrek.co:

Elon Musk on Tesla Model 3: ‘Let’s keep our Model 3 powder dry on announcements

According to Morgan Stanley analyst Adam Jonas, who was present at the event, Musk refused to answer questions about the Model 3, but he did hint at new announcements when pressed about Tesla’s upcoming all-electric sedan:

“Let’s keep our Model 3 powder dry on announcements”, he said according to Jonas.

Here's that quote from Jonas in the context of his note:

According to Mr. Musk, they feel ‘pretty good’ about the pace of progress at the Gigafactory which manufactures the Model 3 battery pack, electric motor, drivetrain and power electronics. He did highlight the riskiest components as some of the long lead items such as stamping dies for the body panels and the seats. Mr. Musk didn’t want to comment much more on Model 3 saying “let’s keep our Model 3 powder dry on announcements,” alluding to a fair number of surprises and developments in the capabilities of the car that they will update the market on in due time.
 
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