San Francisco/Washington: Tesla Inc. could be on the verge of setting a quarterly record for vehicle deliveries, though the electric-car maker will need to go “all out" in the last few days of the month, Chief Executive Officer Elon Musk wrote in an internal memo.
“We already have enough vehicle orders to set a record, but the right cars are not yet all in the right locations," Musk told employees in an email Tuesday. “Logistics and final delivery are extremely important, as well as finding demand for vehicle variants that are available locally, but can’t reach people who ordered that variant before the end of the quarter."
Tesla shares have slumped 34% this year in part due to demand concerns that Musk has repeatedly downplayed. The company has forecast that it will deliver 90,000 to 100,000 cars in the second quarter after handing over just 63,000 vehicles to customers in the first three months of the year.
A Tesla representative didn’t immediately respond to a request for comment. The company’s previous best mark for quarterly deliveries was 90,700 vehicles in the last three months of 2018.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
