Musk tells Tesla employees breaking even in 2Q will be tight

With one day left before second quarter closes, Tesla CEO Elon Musk is telling employees that prospects for company breaking even for three-month period are tight, and he's asking m to go all-out to make it happen.

Tesla is trying to avoid a quarterly loss despite its Fremont, California, factory being shut down for nearly two months due to coronavirus restrictions. company also has a plant in China.

In an email mess Monday to company’s workers, Musk wrote that it “really makes a difference for every car you build and deliver.” Tesla h about 48,000 workers at end of last year.

Tesla is expected to anunce its quarterly deliveries on Thursday, but has t set a date to release its second-quarter financial numbers.

electric car and solar panel company is cranking out new Model Y smaller SUV as it tries to break even or make money. Many owners, though, have reported on forums and social media that ir vehicles were delivered with mismatched paint or poorly fitting body panels. While some rejected vehicles, many ors wrote that ir Model Ys were flawless.

In first quarter, Palo Alto, California, company eked out a $16 million net profit, its third-straight profitable quarter.