Make this your homepage
Business News
Home > Business News
Musk tells staff to cut cost of delivering Tesla vehicles
TIWN
Musk tells staff to cut cost of delivering Tesla vehicles
PHOTO : TIWN

San Francisco, Nov 29 (TIWN) Tesla CEO Elon Musk has urged employees not to be in a hurry to deliver vehicles in the ongoing festive quarter but focus on minimising costs, becase he doesn't want the company "spending heavily on expedite fees, overtime and temporary contractors just so that cars arrive in Q4."

Elon Musk urged Tesla staff to focus on cutting the cost of delivering electric vehicles to customers on Friday, CNBC reported.

In a company-wide email sent to all staff and transcribed by CNBC, Musk said: "Our focus this quarter should be on minimizing cost of deliveries rather than spending heavily on expedite fees."

It added: "What has happened historically is that we sprint like crazy at end of quarter to maximize deliveries, but then deliveries drop massively in the first few weeks of the next quarter."

Tesla did not immediately respond to Insider's request for comment.

Add your Comment
Comments (0)

Special Articles

Saumen Sarkar Saumen Sarkar
Anirban Mitra Anirban Mitra