Tesla always goes full steam ahead at the end of the quarter to reduce transit time and make sure as many vehicles as possible get delivered in order to increase revenue for the quarterly report. But we knew this quarter would be even more special after a company-wide email from CEO Elon Musk leaked last month.
Musk urged employees to do everything they can to deliver as many cars as possible because he sees the potential to achieve GAAP profitability in Q3, which would be a first in 3 years. We have reported some unusual (for Tesla) discounts and we’ve even seen the automaker opening the door for a move away from the ‘no haggle’ sales model, but it has never been more evident than in the last few week at end of the quarter.
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