Tesla founder Elon Musk has told his employees to work hard on the last day of the quarter to prove “the naysayers wrong”.
In an email dated September 30, filed with the US Securities and Exchange Commission, Mr Musk said the electric car maker is nearing profitability.
The commission had filed a lawsuit last week, saying Mr Musk’s tweet in August about taking the company private constituted securities fraud because Musk knew he had not lined up the money for the deal.
Mr Musk reached a settlement with the regulators which means he will stay on as CEO, but has given up his chairmanship.
“We are very close to achieving profitability and proving the naysayers wrong, but, to be certain, we must execute really well tomorrow (Sunday),” Mr Musk’s email said.
“If we go all out tomorrow, we will achieve an epic victory beyond all expectations. Go Tesla!!!”
Tesla stock has been fluctuating since the August tweet. Tesla has racked up deep losses, announcing in August a record 717.5 million dollar (£550.13 million) net loss for the previous quarter.
Mr Musk has pledged to post profits in future quarters.
