Auto trainer Lauren Fix says the only reason automakers make electric vehicles is because they’re under pressure from governments.
As the second quarter comes to a close, Tesla CEO Elon Musk is asking employees to do everything possible to help the company break even despite ‘tight’ odds due to the coronavirus pandemic, according to an Associated Press report.
BECAUSE TESLA CORONAVIRUS WORKERS STAYED AT HOME, DISMISSED FOR NOT RETURNING TO WORK
In an email sent to company workers Monday, Musk wrote that “it really makes a difference for every car he builds and delivers.”
In the first quarter, Tesla produced nearly 103,000 vehicles and delivered approximately 88,400 vehicles. Tesla’s Model 3 and Y vehicles accounted for more than 87,000 of the vehicles produced and more than 76,000 of its deliveries, while the X and S models represented more than 15,000 of its vehicles produced and more than 12,000 of its deliveries.
A Tesla spokesman did not immediately respond to FOX Business’s request for comment in the email.
A masked man walks in the Tesla plant parking lot on Monday May 11, 2020 in Fremont, California (AP Photo / Ben Margot)
According to the AP, Tesla has focused on increasing production of its Model Y SUV during the second quarter, a project that was delayed by a battle last month with Alameda County, California, to reopen its Fremont factory despite the closings caused by a pandemic in the state.
According to documents filed with the state’s Employment Development Department (EDD), Tesla laid off more than 11,000 workers during the shutdown.
As a result of the disagreement, the maker of the electric vehicle has also floated to move out of state, but an official decision has not been made. Musk has previously focused on moving production to Texas, where the company could receive significant tax incentives.
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Tesla is expected to announce its second-quarter production and delivery numbers on Thursday.
| Heart | Security | Latest | Change | Change% |
|---|---|---|---|---|
| TSLA | TESLA INC. | 1,009.35 | +49.61 | + 5.17% |
In the first quarter, the Palo Alto, California-based company reported a net profit of $ 16 million, its third consecutive profitable quarter.
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Associated Press contributed to this report.
