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Fortune
Fortune
Christiaan Hetzner

Musk lands a belly flop as Tesla bulls label his Investor Day a ‘waste of time’

(Credit: Taylor Hill—Getty Images)

The mood at Tesla’s Investor Day noticeably began to darken after Franz von Holzhausen took the stage.

Roughly 40 minutes into the nearly four-hour-long presentation, the carmaker’s chief designer confessed there would be no unveiling of the new highly anticipated entry model so critical to its 2030 growth target.

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