In an internal memorandum sent to Tesla employees
TESLA INC
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The company’s CEO and founder Alon Musk asked to focus on reducing costs at the expense of speeding up orders designed to meet the company’s goals by the end of the quarter. Musk wrote that he does not want to pay an “agility fine” just so orders arrive before the end of the fourth quarter.
“What happened in the past is that we ran like crazy at the end of quarters to maximize shipments, but then shipments plummeted sharply in the first weeks of the following quarter.” Said Musk. “In fact, if you look at the six-month perspective we are not sending more cars but wasting more money and burning ourselves to speed up deliveries in the last two weeks of each quarter.” In response to the Musk post, he tweeted on the social network Twitter that the deliveries will still be very “intense” only slightly less than before.
It should be noted that recently Tesla has experienced difficulties in shipping new cars to its customers in the United States, some even had to wait months beyond the promised date, and yet sales have grown this year as well.
More good news for the company’s stock holders is coming today from Europe. A German car magazine reported on regulatory progress at its first plant on the old continent currently under construction in Germany. Tesla intended to start production in the summer of 2021 but following a petition by environmental activists the construction was followed by a court order. Vehicle Magazine now reports that the approval from the court is expected to be given in the coming days.
This report joins another news item from last week, then published on the completion of regulatory approvals for the construction of another plant in Austin, Texas at an investment of over $ 1 billion. Thus, the new plants in Texas and Germany join the existing plants in California and Nevada in the United States and Shanghai in China, thus bringing the number of plants owned by Tesla to five.
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