Lucy In The Sky With Ambien: Tesla’s Elon Musk At New Highs

“A little red wine, a vintage record player, some Ambien. Magic happens,” said Tesla CEO Elon Musk at yesterday’s shareholders meeting. Supposedly, it was in reference to his Twitter habits, but it easily works as the bottom line for most of yesterday’s presentation, a séance with all the signs of mind-altering drugs in action.

Yesterday’s major announcement was that the Model Y small SUV will come out in 2019, and that it will be built in a completely new factory, away from Tesla’s existing Fremont location. If you listened closely to Musk’s May conference call with analysts, you already know that, but apparently, very few people did listen closely.

A year ago that factory was completely out of the question.

More in Forbes.