Elon Musk has sent a somewhat cryptic email to Tesla employees about doing their best by the end of the quarter to have a “good result.”
On Monday afternoon, Musk sent a short email to all Tesla employees.
In the email obtained by Electrek, the CEO addressed the importance of the last week of the quarter:
For many reasons, much of Tesla’s worldwide execution is included in the last week of the quarter. It is very important that we do everything possible until the end of June 30 to guarantee a good result.
Tesla’s second quarter ends June 30 and Tesla is trying to save its quarter after being forced to shutdown much of its operations for more than a month due to the pandemic.
It wouldn’t be the first time that the CEO has attempted to rally troops at the end of the quarter, but this time, he ended the message by adding, “I wouldn’t mention this if it wasn’t very important.”
Here is the complete email:
For many reasons, much of Tesla’s worldwide execution is included in the last week of the quarter. It is very important that we do everything possible until the end of June 30 to guarantee a good result. I wouldn’t mention this if it wasn’t very important.
The taking of Electrek
It is not the first time Elon has sent emails to staff to reunite the troop at the end of the quarter, but in previous cases where he talked about going “everything,” he was also talking about achieving profitability or a new delivery record.
This time it’s a little bit more cryptic. As for “the bulk of Tesla’s worldwide execution is included in the last week,” I’m not sure if he’s just talking about deliveries.
Tesla always has a lot of deliveries in the last week of the quarter, but this quarter will be even crazier.
With the Fremont factory closing for more than a month and many restricted retail operations, deliveries were even lower than usual during the first two months of the quarter, and now Tesla is trying to make up for it in June.
So what could be the “good result”?
I see some people still think that Tesla can make a profit in the second quarter despite the close. I feel like it’s unlikely, but not impossible, with Tesla recognizing more FSD package revenue and cutting costs with reduced permits and wages.
However, I think it is better to anticipate a loss.
What you think? Let us know in the comment section below.
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