Tesla Inc chief Elon Musk in an internal email called on employees to work hard to allow the electric car maker to break even in the second quarter despite the coronavirus pandemic.
FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards"Das Goldene Lenkrad" given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke
The rallying cry has become a familiar theme in recent quarters at Tesla, with Musk calling on employees to quickly build and deliver vehicles at the end of the quarter to achieve specific targets. Electric vehicle site Electrek first reported the news. Tesla shares rose 5.2% to close at $1,009.35 on the Nasdaq on Monday.Analysts on average expect the company to deliver roughly 74,000 vehicles in the months from April to June, according to Refinitiv data.
Tesla in April surprised investors when it said production and delivery of its new sport utility vehicle, Model Y, was significantly ahead of schedule despite the virus outbreak. The company delivered 88,400 vehicles in the first quarter.
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