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Musk Says Tesla Has "good Chance" To Reach New Record Deliveries This Quarter

Tesla Inc. (TSLA) CEO Elon Musk says the luxury electric car maker has a "good chance" to reach record number of deliveries this quarter.

According to an email sent by Musk to employees, Tesla is on pace for a new record quarter for deliveries, which will beat the previous record achieved at the end of last year. In the fourth quarter of 2018, Tesla delivered a record of 90,700 cars, its best quarter in its history, which helped it report its second quarterly profit in a row.

"As of yesterday, we had over 50,000 net new orders for this quarter. Based on current trends, we have a good chance of exceeding the record 90,700 deliveries of Q4 last year and making this the highest deliveries/sales quarter in Tesla history!" Musk said in the email.

"In order to achieve this, we need sustained output of 1,000 Model 3's per day. Almost all parts of the Model 3 production system have exceeded 1,000 units on multiple days (congratulations!!) and we've averaged about 900/day this week, so we're only about 10% away from 7,000/week."

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