In a letter directed to his employees, Tesla’s very own Elon Musk announced that they are about to have “the most amazing quarter” in the company’s history. According to The Motley Fool, the letter served as an update on the firm and provided details on vehicle production, including sales trends and new product highlights.
Considering the many headlines the company has received over the past few months, it is expected from Musk to discuss the matter with his employees. Indeed, he asked them to ignore the media. He said that what should really matter are results, as they continue to create the most “mind-blowing growth in the history of the automotive industry.”
Musk cited Ford Model T and making an example out of it. Basically, the model was popular for holding the record for the fastest growing car in history. However, for him, it did not necessarily grow as fast in sales and production as compared to the company’s Model 3.
The CEO of Tesla also pointed out the significant growth of vehicle production. He said that the company would do everything in its power to build and deliver “more than twice as many cars” as they did in the last quarter.
Apparently, this is a huge achievement, especially since the company achieved a record number of vehicles in the second quarter. This is due to the strong growth of Model 3 production and deliveries. The company’s vehicle deliveries during the third quarter, in particular, increase up to 85 percent over the year and around 36 percent sequentially.
A doubling in Tesla’s Q3 vehicle deliveries only means that deliveries have more than tripled with the year-ago quarter. It is interesting to note that Musk’s prediction projects the idea that the company is in the right direction to meets it guidance for deliveries during the current quarter.
Musk also teased some upcoming Tesla products. He was quoted saying, “Moreover, we also have the most exciting new product lineup of any company in the world. There is the Model Y, the Tesla (pickup) Truck, the Semi, and the new Roadster. Then there is the Solar Roof, which is spooling up in production, and continued advancements in Powerwall and Powerpack.”
Despite the buzz, he also grabbed the opportunity to leave some cryptic commentaries on unannounced products. “And that’s just what people know about,” he claimed.
As for the bulk of Musk’s update, it was heavily dedicated to announcing some executive promotions and changes. For starters, Jerome Guillen has received a promotion and is now Tesla’s president to the entire automotive operations.
Kevin Kassekert will be the new VP of People and Places. Meaning, he will be solely responsible for all human resources, construction, and infrastructure development.
Felicia Mayo, on the other hand, is promoted to a vice president role, enabling her to lead human resources and the company’s diversity and inclusion programs. She is expected to report directly to both Musk and Kassekert.
Meanwhile, Chris Lister is now the new vice president of the company’s Gigafactory operations.
Laurie Shelby, who is currently the vice president of Tesla’s environmental, health, and safety (EHS) efforts, will now directly report to the company’s CEO.
Cindy Nicola, who is the VP of global recruiting for the company, will also report to Musk, with the inclusion of Kassekert.
Lastly, Dave Arnold is now dubbed the new senior director of global communications. He will be responsible for overseeing Tesla’s communication team.
Investors are expected to receive a more detailed update on Tesla’s recent progress once the quarter closes. The automaker company will release its quarterly vehicle delivery and production update in the first few days of October.