Heard at Tesla Motors' annual meeting

|About: Tesla Motors (TSLA)|By:, SA News Editor

Tesla Motors (TSLA) CEO Elon Musk says he plans to stay on in his current role for at least another 4 or 5 years.

The existing Roadster will get an upgrade this year. A next-gen Roadster is further down the road.

Musk says it's "impossible" to say how the stock market will valuate Tesla - noting the manic-depressive nature of the beast. He still thinks Tesla is a good long-term investment.

What's after Gen-III? Musk says the company will take additional steps to shift the industry to electric. Trucks and lower-cost vehicles are possibilities.

Tesla annual meeting webcast