Business Standard

We are very close to achieving profitability, Musk tells Tesla employees

'If we go all out tomorrow, we will achieve an epic victory beyond all expectations'

Elon Musk
Premium

Tesla founder Elon Musk won’t get paid unless the stock rises

Bloomberg
Elon Musk told Tesla employees that the company was on the cusp of making money, hours after he and the carmaker reached a settlement with the US. “We are very close to achiev-ing profitability and proving the naysayers wrong, but, to be certain, we must execute really well tomorrow (Sunday),” Musk mailed to staff. “If we go all out tomorrow, we will achieve an epic victory beyond all expectations.” Sunday marks the end of the third quarter, and Tesla has frantically pushed to boost deliveries before the period ends.


What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in