The electric-car maker said it made more than 100,000 vehicles in the last three months and put overall 2019 deliveries at 367,500.
A deal with LG Chem of South Korea will further the automaker’s plans for electric vehicles and fulfill a pledge made after its Lordstown plant was idled.
The South Korean company’s investment follows a pledge by General Motors to set up a battery plant for electric cars near its shuttered Lordstown factory in Ohio.
The adversaries told a judge they were working to resolve a dispute over Mr. Musk’s statements on financial prospects. Regulators had sought a contempt citation.
The adversaries told a judge they were working to resolve a dispute over Mr. Musk’s statements on financial prospects. Regulators had sought a contempt citation.
The Twitter posts, saying funding was in place for such a move, followed a report that a Saudi fund had taken a stake. The company’s shares soared.
The company said the move, almost entirely limited to salaried employees, was part of a broader reorganization meant to make the automaker profitable.
Lyft Chief Strategy Officer Raj Kapoor said the future of mobility is in shared, electric vehicles at The New York Times’s 2017 ClimateTECH conference.
After passing Ford Motor a week ago, the electric car company edged past General Motors in early trading, with a market capitalization of $51 billion.
In the coming months, auto dealerships around the country will begin selling vehicles capable of running Android- and Apple-compatible dashboard systems.