Business Standard

Tuesday, December 24, 2024 | 09:30 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Elon Musk encourages Tesla staff while warning of 'tough quarter'

Musk often sends companywide emails near a quarter's end to push staff to sprint to the finish, and Tesla is known to deliver many units in the the final weeks

Photo: Bloomberg
Premium

Photo: Bloomberg

Ed Ludlow | Bloomberg
Tesla Inc. has had a “very tough quarter” as it struggles with supply-chain snags, Chief Executive Officer Elon Musk warned in an internal memo, imploring workers to help get the electric-vehicle maker back on track.

“This has been a very tough quarter, primarily due to supply chain and production challenges in China,” Musk said in an email to employees over the weekend that was seen by Bloomberg. “So we need to rally hard to recover!”

The company’s Shanghai plant, which had slowed production in recent weeks amid severe Covid-19 restrictions, is returning to full strength and its Austin, Texas, facility is ramping

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