Tesla’s (NASDAQ:TSLA) vehicle deliveries scheduled across Europe, China and North America should be a “primary priority” for all employees during the last 10 days of Q-1, Chief Executive Officer Elon Musk said in an e-Mail to employees Thursday.
Deliveries set for 2 continents simultaneously with North America were a 1st for the Palo Alto, California-based company and the stress is something that will not be repeated in subsequent Quarters, Mr. Musk said in the e-Mail
Tesla declined to comment on an inquiry,
“What has made this (delivery targets) particularly difficult is that Europe and China are simultaneously experiencing the same massive increase in delivery volume that North America experienced last year,” Mr. Musk said.
The delivery rate per day higher than its prior peak, Mr. Musk said.
We reported in February that the company’s job cuts in January particularly hit the delivery team that supplied EVs to North American customers, indicating a slow pace of deliveries in the near term.
HeffX-LTN’s overall technical analysis for TSLA is Bearish in here.