Elon's Email LEAKS! This SURE Won't Make Competitors Rest Any Easier But Stockholders Will Rejoice!

In a new leaked email to employees, Musk stated that he sees Tesla reaching production of 500,000 vehicles in 2020:

“It will be tough but super exciting if we can exceed 500,000 cars made in a single year for the first time in Tesla history. When we started Tesla just over 16 years ago, I never thought we would get this far, but, thanks to your hard work and ingenuity, we actually have a chance of making half a million cars in a single year.”

The CEO said that it will require an increase production output from Tesla in Q4.

“It all comes down to Q4. Please take whatever steps you can think of to improve output (while increasing quality).”

More info at the link.

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Car4life1 - 10/7/2020 11:47:30 PM

+5 Boost

Hmmm has only been on the market for less than a decade, Selling one model for the majority of that, and the backdrop of a pandemic? Congrats Tesla, whether you reach 500k or not...gotta say you’ve proven you are here to stay for a while

supermoto - 10/8/2020 12:23:43 AM

+1 Boost

Obviously Musk knew the e-mail would leak and pump up the stock price.

I'm still not impressed with any company that gains market share by selling products at a loss for 17 years straight.

runninglogan1 - 10/8/2020 12:47:01 AM

+2 Boost

Amazon doesn't impress you? Took them 20 years to make money.

Don't need to tell you how they're doing today.

atc98092 - 10/8/2020 9:00:02 AM

+2 Boost

They do not sell their cars at a loss.

SanJoseDriver - 10/9/2020 4:38:48 AM

+1 Boost

Either does Tesla

MDarringer - 10/8/2020 8:19:11 AM

-3 Boost

So Tesla might make nearly as many cars in one year as the typical sales of a Chevy Silverado and the idiots are acting as if the big automakers have been vanquished.

Tesla routinely lies about its production numbers so what't the big accomplishment>

PUGPROUD - 10/8/2020 9:05:33 AM

+2 Boost

No question EV's are a snow ball heading downhill and picking up steam. But to put it in perspective the 1964 1/2 Mustang sold 22,000 its first day and 418,812 in its first year. The old rule of thumb was that it took new technology 40 years from inception to mass acceptance (radio, TV, computers, etc). In current term it will likely take 25+ years for EV's to be over 50% market share or roughly 15+ years from now.

SanJoseDriver - 10/9/2020 4:39:37 AM

+1 Boost

It will be less than 10 years.

ctsang - 10/9/2020 10:32:37 AM

+2 Boost

rip legacy automakers