Tesla's big delivery target is its next moment under the microscope – Axios



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Shares of Tesla jumped 6% yesterday after the publication of an email sent by CEO Elon Musk to staff indicating that the electric automaker could reach 100,000 deliveries during the quarter.

Why is it important: This would be the highest of all three-month periods, exceeding the total of 95,200 in the second quarter.

  • Bloomberg points out that this would put Tesla on the right track to achieve the goal of Musk 's deliveries for the entire year.
  • "If Tesla were to hand over 100,000 vehicles in the last two quarters of the year, shipments would reach roughly the lower end of the company's planned 360,000 to 400,000 range for 2019. ", they say.
  • Tesla usually reports the final count shortly after the end of the quarter.

What they say: According to the Electrek website, which for the first time reported on Musk's latest efforts to rally his troops, he said in the email …

"The challenge is to make sure we have the right car variants in the right places and to leverage our company's resources to help us with end-of-quarter deliveries."

The bottom line: The Tesla stock is still down significantly this year.

  • Delivering more cars and making money are two different things, so a much bigger time will come when Tesla will announce its third quarter results in a few weeks.
  • The company recorded a net loss of $ 408 million in the second quarter. Musk said at that time that he expected to be "around the equilibrium" in the third quarter and profitable in the fourth quarter.

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