Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric carmaker will need to go “all out” in the last few days of the month, CEO Elon Musk wrote in an internal memo.
“There is a lot of speculation regarding our vehicle deliveries this quarter,” Musk told employees in an e-mail June 25. “The reality is that we are on track to set an all-time record, but it will be very close. However, if we go all out, we can definitely do it!”
Tesla shares have slumped 34% this year, in part due to concern about demand that Musk has repeatedly downplayed. The company has forecast it will deliver 90,000 to 100,000 cars in the second quarter after handing over just 63,000 vehicles to customers in the first three months of the year. The stock rose as much as 1.8% June 26.