Leaked email quotes Tesla CEO Elon Musk saying the company has ‘a shot’ at delivering 100,000 cars this quarter, causing the electric automaker’s shares to jump 6%
- A leaked email to employees quoted Tesla CEO Elon Musk saying it’s a good possibility that the company will deliver 100,000 electric cars this quarter
- The email correspondence, reported by industry news site Electrek, drove Tesla shares up 6 percent, with only five days left in the quarter
- Facing such high demand, the electric automaker’s focus is to get as many cars as possible into the hands of potential owners by month’s end
A leaked email from Tesla CEO Elon Musk indicating growing demand for the electric automaker’s vehicles did wonders for investors who saw the values of their shares in the company jump 6 percent.
In the email to employees Musk says the company ‘has a shot’ at delivering 100,000 cars this quarter, which only has five days left.
Musk wrote that it was ‘an incredibly exciting milestone’ for the company, reported industry news site Electrek.
Tesla Elon Musk, pictured above, in a leaked email to employees says the company has ‘a shot’ at hitting a landmark 100,000 cars delivering 100,000 cars this quarter, which only has five days left
It was industry news site Electrek’s report on Thursday that caused investors to jump, driving up Tesla share by 6 percent (pictured above)
It was Electrek’s report on Thursday that caused investors to jump, bouyed by posts on social media from the news outlet’s staff.
‘Big scoop for $TSLA $TSLAQ and massive milestone for Tesla and the EV market. If Elon says it 5 days before EOQ, it’s probably really achievable’ tweeted Electrek’s Editor-in-Chief, Ed Lambert.
The milestone was looking possible even before Musk made his announcement, after Tesla broke its global delivery record in the previous quarter ending in June, with over 95,000 electric cars delivered during the quarter, reported Electrek.
Tesla has been challenged on making its deliveries.
Musk alerted his staff that net orders are ‘tracking to reach about 110,000’ for the quarter, which an incredible amount of demand for the automaker.
So the automaker’s focus will be to get as many vehicle’s into the hands of potential owners over the next five days.
Tesla, which has had delivery challenges, has had to focus on getting as many of its electric cars, pictured on the assembly floor above, into the hands of potential owners
Tesla made a move earlier this month to entice buyers, pictured above, sweetening deals with discounts and 2 years of free ‘Supercharging,’ to get cars delivered in time
‘The challenge is making sure that we have the right car variants in the right locations and rallying as much as our company resources as possible to help with the end of the quarter deliveries.’
Tesla made a move earlier this month to entice buyers, sweetening deals with discounts and 2 years of free ‘Supercharging,’ to get cars delivered in time, reported Electrek.
The news site reported there was an initial 3 percent jump in shares after it’s story went live just after 1 p.m. The spike doubled within hours, according to several published reports.