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The drama surrounding American electric vehicle manufacturer, Tesla, continues.

Welcome to the show, folks.

In recent weeks shares of Tesla have been taking a pounding. As of Friday, the stock closed at about the $190/share mark. Reports are coming in from all angles of significant distress and the company has taken drastic actions to cut costs.

But, a "leaked" email that was sent companywide this past Wednesday seems to have given some TSLA bulls a much-needed lift. In it, Musk claims that the company may surpass its record Q4 deliveries.

The catch? Tesla needs to produce 1,000 Model 3 vehicles, daily.

What do you make of this, Spies?

From: Elon Musk

Subject: Exciting Goal!

Date: Wed 5/22/2019 10:45 PM

To: Everybody

As of yesterday, we had over 50,000 net new orders for this quarter. Based on current trends, we have a good chance of exceeding the record 90,700 deliveries of Q4 last year and making this the highest deliveries/sales quarter in Tesla history!

In order to achieve this, we need sustained output of 1,000 Model 3’s per day. Almost all parts of the Model 3 production system have exceeded 1000 units on multiple days (congratulations!!) and we’ve averaged about 900/day this week, so we’re only about 10% away from 7000/week.

If we rally hard, we can do it!

Thanks for your great work,

Elon?



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And The Volatility Will Continue — LEAKED Email Surfaces, Tesla's Elon Musk Claims Historic Q2 Is Possible

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