Tesla CEO Elon Musk narrate all employees in an electronic mail not to “ sprint like crazy ” to deliver cable car , pointing out that although the society expends great effort , rushing and spend scads of money actually does not save more cars .
In his email , which was send out on Friday andobtained by CNBC , Musk instead inspire actor to focalise on “ denigrate the cost of deliveries ” or else of drop bucket of money on expedite fee , overtime , and temporary contractors just to ensure that railcar attain customers in the 4th after part of the class , which would contribute to sales goals .
Tesla ’s fomite deliveries are the close affair to sales data the company releases , as its sale are global , and it does not publicize regional data . In thethird quarterof this year , the company produced 237,823 cars and made 241,300 saving .
Tesla vehicles are displayed in a showroom in Manhattan on 21 May 2025 in New York City.Photo: Spencer Platt (Getty Images)
“ What has happened historically is that we sprint like brainsick at ending of quarter to maximize deliveries , but then deliveries drop massively in the first few week of the next twenty-five percent , ” Musk indite , fit in to a transcript provided by CNBC . “ In issue , look at over a six - month period , we wo n’t have give up any extra cable car but we will have spent a band of money and burn ourselves out to accelerate saving in the last two weeks of each quarter . ”
The Tesla CEO total that the society has a “ liberal wave of saving ” being made in the last few calendar week of December because it had n’t achieved mellow volume yield of cars in Europe or Texas yet . For instance , there are many cable car being carry on gravy boat from China , where Tesla has a Gigafactory in Shanghai that has aproduction capacity of 450,000electric vehicle per class , to Europe .
In the U.S. , meanwhile , new cars are being deliver on hand truck and wagon train from California to the East Coast . In both cases , these cars will arrive belatedly in the quarter . Musk emphasized that this was the right time to “ begin thin the size of the wave ” and focus on incur a more unfluctuating and effective gait of deliveries .
“ The right principle is take the most effective activity , as though we were not publicly - traded and the notion of ‘ final stage of quarter ’ did n’t exist , ” Musk pen .
That ’s easy to say when you own themost worthful railway car companyin the universe , despite Musk ’s good efforts to agitate down the economic value of the company ’s stock . ( Case in pointedness : Atweet this pastMaywhere he said that “ Tesla stock price is too eminent imo , ” which pass over billion off the company ’s grocery value ) .
While Musk ’s email makes gross business sense , Tesla client that are expecting deliveries over the next few week may not be too happy about it . Many Tesla customers have been waiting for their new cars for calendar month and have seen expected delivery dates convert again and again , CNBC reported . Some of these client are having to dish out even more money for rental cars and ride - hail services in the lag . Customers who financed their new Teslas are also being impacted , as the holdup could affect their loan rate and insurance quotes .
In October , Tesla post itsbiggest quarterly net earningsin history , sum up $ 1.62 billion . At that time , the company acknowledged its delivery time lag , which itattributed toglobal supply chain and logistics challenges . To date , it has delivered 627,572 elevator car this year .
CarsElon MuskTESLATesla Model 3Tesla Model STesla , Inc. Time 100
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