Tesla Has a High-Class Problem
Tesla (NASDAQ: TSLA) is facing a serious challenge as it wraps up 2020. But the challenge isn't necessarily a bad one. Demand for its vehicles is too great.
Vehicle orders currently easily exceed production, Tesla CEO Elon Musk confirmed in a leaked email (via Electrek) to employees last Friday. Despite this high level of demand, investors shouldn't consider the company's targeted 181,000-plus deliveries for the final quarter of the year to be totally in the bag yet. To pull off these record deliveries, it comes down to Tesla employees rallying to tackle manufacturing and logistical challenges.
Source Fool.com