Texas is one of the few remaining states that doesn't allow Tesla to sell cars directly to customers.

Elon Musk has survived a shareholder vote to strip him of Tesla's chairmanship and replace him with an independent director, a plan that was backed by Norway's sovereign wealth fund, the world's largest, among other Tesla shareholders. The proposal, which was defeated in a vote at yesterday's shareholder meeting, represented the strongest challenge yet to Musk's power over the Silicon Valley car manufacturer.

According to Reuters, Norges Bank Investment Management, favored dividing the roles of CEO and chairman to boost corporate governance. The fund also opposed the re-election of board member Antonio Gracias, though it backed the reappointment of both James Murdoch and Elon Musk's brother, Kimbal Musk. This isn't the first time the wealthy Norwegians has opposed Musk: the company previously voted against Musk's pay package back in March, which at the time was valued at $2.6 billion, but might ultimately be worth much more. The wealth fund holds a 0.48% stake in Tesla at the end of 2017, making it worth $252.5 million.

Meanwhile, despite the recent underperformance of Tesla stock, shareholders appeared willing to look through the growing production problems. Though Musk has consistently overestimated Tesla's ability to meet production goals, investors proved once again that they're willing to take his projections at face value - no matter how fantastical they might be - when Tesla shares jumped after Musk said it's "quite likely" that Tesla will build 5,000 Model 3 sedans a week by the end of the month. The company's profit- and cash-generation targets for the rest of the year are dependent on reaching this target, Musk said. Musk added that production has improved to 3,500 Model 3s a week.

Daimler said its Freightliner eCascadia, with a range of up to 250 miles (400 km) and an 80,000 lb (36 tonne) gross combined weight, will be suitable for regional distribution and port shipments.