Q3 2016 push: 'throw a pie in the face of all naysayers'
- From:
- Elon Musk
- Date:
- August 29, 2016
- To:
- All Tesla employees
Partial text. Only these passages were published; [...] marks a gap.
I thought it was important to write you a note directly to let you know how critical this quarter is. The third quarter will be our last chance to show investors that Tesla can be at least slightly positive cash flow and profitable before the Model 3 reaches full production.
[...]
on the razor's edge of achieving a good Q3, but it requires building and delivering every car we possibly can, while simultaneously trimming any cost that isn't critical, at least for the next 4.5 weeks.
[...]
We will need to raise additional cash in Q4 to complete the Model 3 vehicle and the Gigafactory.
[...]
The simple reality of it is that we will be in a far better position to convince potential investors to bet on us if the headline is not 'Tesla Loses Money Again,' but rather 'Tesla Defies All Expectations and Achieves Profitability.' That would be amazing!
[...]
It would be awesome to throw a pie in the face of all naysayers on Wall Street who keep insisting that Tesla will always be a money loser!