“It is very important that we do everything possible until the end of June 30 to ensure a good result. I would not mention this if it was not very important,” Musk said in the email.
The company also had to stop production at its Fremont, California facility due to the blockade imposed by Alameda County.
Operations at Tesla’s Shanghai Gigafactory halted briefly in May due to component shortages. The Shanghai store started operating normally just before the second quarter after COVID-19 outages for much of January and February.
Early data points suggest weak sales performance in the United States
According to Dominion Enterprises’ cross-sell report, Tesla’s new car registrations for the April-May period fell 33% to 14.15 units in 24 markets that accounted for about 65% of the automaker’s US market.
From around 550,000 deliveries estimated for 2020 before the pandemic, Street’s estimates have been lowered to around 400,000 units.
In the last control, Tesla shares advanced 1.35% to $ 1,007.74.
Related
