Tesla CEO Elon Musk urged employees to “go all out” in the final day of the third quarter, as the electric-car maker pushed to meet ambitious production goals for the Model 3.
The embattled executive, who reached a settlement with the Securities and Exchange Commission last week over charges related to his disclosure of a go-private plan, also told employees that Tesla is nearing profitability. Musk has pledged that Tesla would record profits and positive free cash flow in the third and fourth quarters this year.
“We are very close to achieving profitability and proving the naysayers wrong, but, to be certain, we must execute really well tomorrow (Sunday),” Musk wrote in an email on Sept. 30, according to a filingOpens a New Window. with the SEC. “If we go all out tomorrow, we will achieve an epic victory beyond all expectations.”