Can Tesla Q4 Production Meet Soaring Demand?
Tesla (NASDAQ: TSLA) is telegraphing that the company is experiencing strong demand for its vehicles in the fourth quarter, but the company will need to ramp up production in order to take advantage of the surge in orders. That's according to an email to Tesla employees authored by CEO Elon Musk.
The enigmatic leader said the company was "fortunate to have the high-class problem of demand being quite a bit higher than production this quarter." He went on to say that the company would "need to increase production for the remainder of the quarter as much as possible." Musk also insisted he would only send this note "if it really mattered."
Image source: Tesla.
Source Fool.com