News Snapshot:
Tesla’s first-ever “Investor Day,” hosted by CEO Elon Musk and his leadership team at the carmaker’s Gigafactory in Texas on Wednesday, didn’t quite end up being the sweeping, transformative moment that Tesla fans and funders had anticipated. Not for lack of promise—the event was chock-full of ambition, like a new “Master Plan” to have Tesla lead the clean-energy transition by expanding its green-tech manufacturing into products like heat pumps and batteries for energy storage. Also teased: a Gigafactory buildout in Mexico, an improved Supercharger, and two potential new vehicle models. But it was apparently a letdown: Musk demurred when asked...