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Elon Musk stayed true to his word and told Tesla employees not to worry as much about delivering as many cars as possible during this end-of-quarter delivery wave and instead focus on cost.

It’s a significant change to what has been Tesla’s strategy for years.

Tesla has been known to have intense end-of-quarter, and this time end-of-year, delivery pushes due to its distribution system, which is very different from other automakers that use third-party dealerships.

Since Tesla sells directly to customers, the automaker owns the vehicle until it is fully delivered to the buyer and paid for.

It results in transit times being extremely important for Tesla financially since the automaker takes on the cost of building those cars and doesn’t get any money until the customers can actually pick them up.

Therefore, when Tesla has a lot of vehicles in transit at the end of a quarter, the quarter looks bad for them financially.

It’s why Tesla tries to build vehicles for exportations at its Fremont factory and Gigafactory Shanghai early in the quarter and vehicles for local deliveries later in order to allow for transit time by the end of the quarter.

However, this strategy results in Tesla’s sales and delivery team having to handle significant volumes of vehicles to deliver toward the end of each quarter, which are called “delivery waves” or “delivery pushes.”

This both increases costs as Tesla does everything logically to get the cars to customers and negatively affects the delivery experience for the customers who are often rushed to take delivery.

Last quarter, we reported that Musk told Tesla employees that  “‘this is the craziest month of deliveries Tesla (TSLA) will ever have.”

The CEO indicated that Tesla will aim to reduce those delivery waves in future quarters and even said that Tesla could let more deliveries slip into next year.

We noted that this remains to be seen since years ago Musk told something similar to employees, but the pressure from the market to look good on a quarterly basis led to no change happening.

Now Musk stays true to his word as he sent a new email to Tesla employees late on Friday telling them to prioritize cost-efficiency of deliveries over cramming as many deliveries as possible at the end of the quarter:

“We will still have quite a big wave of deliveries in the last few weeks of December, as we don’t yet have high volume production either in Europe or Texas, which means a lot of cars on boats from China to Europe and on trucks [and/or] rail from California to the East Coast arriving late in the quarter, but this is nonetheless the right time to start reducing the size of the wave in favor of a steadier and more efficient pace of deliveries.”

The CEO told employees to act “as though Tesla was not publicly-traded and the notion of ‘end of the quarter’ didn’t exist.”

While the execution could be different, this is a clear message from the CEO to Tesla employees telling them that the delivery wave is not as critical as it once was.

Here’s the full email via CNBC:

From: Elon Musk

To: Everybody

Subj. Q4 deliveries vs. cost efficiency

Date: Nov. 26, 2021 [time stamp redacted]

Per my email several weeks ago, our focus this quarter should be on minimizing cost of deliveries rather than spending heavily on expedite fees, overtime and temporary contractors just so that cars arrive in Q4.

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. In effect, looked at over a six month period, we won’t have delivered any extra cars but we will have spent a lot of money and burned ourselves out to accelerate deliveries in the last two weeks of each quarter. 

We will still have quite a big wave of deliveries in the last few weeks of December, as we don’t yet have high volume production either in Europe or Texas, which means a lot of cars on boats from China to Europe and on trucks [and/or] rail from California to the East Coast arriving late in the quarter, but this is nonetheless the right time to start reducing the size of the wave in favor of a steadier and more efficient pace of deliveries.

The right principle is take the most efficient action, as though we were not publicly-traded and the notion of “end of quarter” didn’t exist. 

Thanks,
Elon


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Tom Cruise leads moment of silence in tribute to ‘dear friend’ Val Kilmer

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Tom Cruise leads moment of silence in tribute to 'dear friend' Val Kilmer

Tom Cruise has paid tribute to Val Kilmer, wishing his Top Gun co-star “well on the next journey”.

Cruise, speaking at the CinemaCon film event in Las Vegas on Thursday, asked for a moment’s silence to reflect on the “wonderful” times shared with the star, whom he called a “dear friend”.

Kilmer, who died of pneumonia on Tuesday aged 65, rocketed to fame starring alongside Cruise in the 1986 blockbuster Top Gun, playing Tom ‘Iceman’ Kazansky, a rival fighter pilot to Cruise’s character Maverick.

Tom Cruise, star of the upcoming film "Mission: Impossible - The Final Reckoning," leads a moment of silence for late actor Val Kilmer during the Paramount Pictures presentation at CinemaCon at Caesars Palace on Thursday, April 3, 2025, in Las Vegas. (AP Photo/Chris Pizzello)
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Tom Cruise said ‘I wish you well on the next journey’. Pic: AP

Val Kilmer in 2017. Pic: AP
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Val Kilmer in 2017. Pic: AP

His last part was a cameo role in the 2022 blockbuster sequel Top Gun: Maverick.

Cruise, on stage at Caesars Palace on Thursday, said: “I’d like to honour a dear friend of mine, Val Kilmer. I can’t tell you how much I admire his work, how grateful and honoured I was when he joined Top Gun and came back later for Top Gun: Maverick.

“I think it would be really nice if we could have a moment together because he loved movies and he gave a lot to all of us. Just kind of think about all the wonderful times that we had with him.

“I wish you well on the next journey.”

The moment of silence followed a string of tributes from Hollywood figures including Cher, Francis Ford Coppola, Antonio Banderas and Michelle Monaghan.

Kilmer’s daughter Mercedes told the New York Times on Wednesday that the actor had died from pneumonia.

Tom Cruise takes part in the Paramount Pictures presentation at CinemaCon at Caesars Palace on Thursday, April 3, 2025, in Las Vegas. (AP Photo/Chris Pizzello)
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Tom Cruise at Caesars Palace on Thursday. Pic: AP

Diagnosed with throat cancer in 2014, Kilmer discussed his illness and recovery in his 2020 memoir Your Huckleberry and Amazon Prime documentary Val.

He underwent radiation and chemotherapy treatments for the disease and also had a tracheostomy which damaged his vocal cords and permanently gave him a raspy speaking voice.

Kilmer played Batman in the 1995 film Batman Forever and received critical acclaim for his portrayal of rock singer Jim Morrison in the 1991 movie The Doors.

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He also starred in True Romance and Kiss Kiss Bang Bang, as well as playing criminal Chris Shiherlis in Michael Mann’s 1995 movie Heat and Doc Holliday in the 1993 film Tombstone.

In 1988 he married British actress Joanne Whalley, whom he met while working on fantasy adventure Willow.

The couple had two children before divorcing in 1996.

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Bruce Springsteen: The Boss to release seven ‘lost’ albums

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Bruce Springsteen: The Boss to release seven 'lost' albums

Bruce Springsteen is to release seven albums of mostly unheard material this summer.

The US singer said the songs, written and re-recorded between 1983 and 2018, were being made public after he began completing “everything I had in my vault” during the COVID-19 pandemic.

In a short video posted on Instagram, Springsteen said the albums were “records that were full records, some of them even to the point of being mixed and not released”.

The 83-song collection is being released in a box set called Tracks II: The Lost Albums and goes on sale on 27 June.

Some 74 of the tracks have never been heard before.

Springsteen first teased the release on Wednesday morning with a short social media video accompanied by text which said: “What was lost has been found”.

Tracks II is the follow-up to the star’s first Tracks volume, a four-CD collection of 66 unreleased songs, released in 1998.

NEW YORK, NEW YORK - MARCH 26, 2025: Bruce Springsteen took the stage at Carnegie Hall for People Have the Power: A Celebration of Patti Smith, an electrifying tribute to the legendary artist. The event, presented by Michael Dorf, honored Smiths profound impact on music, poetry, and activism, bringing together an all-star lineup to perform her most iconic songs. (Photo: Giada Papini Rampelotto/EuropaNewswire). Photo by: Giada Papini Rampelotto/EuropaNewswire/picture-alliance/dpa/AP Images
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Bruce Springsteen at New York’s Carnegie Hall at a tribute to Patti Smith last month. Pic: PA

The New Jersey-born rocker, nicknamed The Boss, last released a studio album in 2022.

Only the Strong Survive was a collection of covers, including songs by Motown and soul artists, such as the Four Tops, The Temptations, The Supremes, Frankie Wilson and Jimmy Ruffin.

The late soul legend Sam Moore, who died in January and was a frequent Springsteen collaborator, sang on two of the tracks.

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Springsteen is coming to the UK in May to launch a two-month tour of Europe with his E Street Band.

The shows will include performances at the Co-op Live in Manchester and Liverpool’s Anfield stadium.

The singer-songwriter has sold more than 140 million records since his debut on the music scene in 1973, according to his website.

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Stalker who believed Strictly Come Dancing judge Shirley Ballas was his aunt avoids jail

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Stalker who believed Strictly Come Dancing judge Shirley Ballas was his aunt avoids jail

A man who stalked Strictly Come Dancing judge Shirley Ballas for six years has avoided jail.

Kyle Shaw, 37, got a 20-month suspended sentence and a lifetime restraining order on contacting Ballas, her mother, niece, and former partner.

Liverpool Crown Court heard that he thought Ballas was his aunt and “began a persistent campaign of contact”.

“He believed, and it’s evident from what he was told by his mother, that her late brother was his father,” said prosecutor Nicola Daley.

The court heard there was no evidence he was wrong, and “limited evidence” he was correct.

Ms Daley said Shaw’s messages had accused Ballas of being to blame for the death of her brother, who took his own life in 2003 aged 44.

He also set up social media accounts in his name.

Shaw had pleaded guilty to stalking the former dancer between August 2017 and November 2023 at a hearing in February.

Incidents included following Ballas’s 86-year-old mother, Audrey Rich, while she was shopping and telling her she was his grandmother.

The court heard in messages to Mrs Rich, Shaw had asked: “Where’s my dad?”

Ballas was so worried for her mother’s safety that she moved her from Merseyside to London.

Shaw outside court on the day of his sentencing. Pic: PA
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Kyle Shaw outside court on the day of his sentencing. Pic: PA

In October 2020, Ballas called police after Shaw messaged her and said: “Do you want me to kill myself, Shirley?”

Posts on X included one alongside an image of her home address that warned: “You ruined my life, I’ll ruin yours and everyone’s around you.”

Another referenced a book signing and said: “I can’t wait to meet you for the first time Aunty Shirley. Hopefully I can get an autograph.”

The court was told Ballas’s niece Mary Assall, former partner Daniel Taylor and colleagues from Strictly Come Dancing and ITV’s Loose Women were also sent messages.

‘I know where you live’

On one occasion in late 2023, Shaw called Mr Taylor and told him he knew where the couple lived and described Ballas’s movements.

The court heard the 64-year-old TV star become wary of socialising and stopped using public transport.

Prosecutor Ms Daley said: “She described having sleepless nights worrying about herself and her family’s safety and being particularly distressed when suggestions were made to her that she and her mother were responsible for her brother taking his own life.”

Man accused of stalking Shirley Ballas
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Ballas has been head judge on Strictly Come Dancing since 2017. Pic: PA

Shaw cried and wiped away tears as he was sentenced on Tuesday.

The judge said the stalking stemmed from his mother telling him Ballas’s brother, David Rich, was his biological father.

“I’m satisfied that your motive for this offending was a desire to seek contact with people you genuinely believed were your family,” he said.

“Whether in fact there’s any truth in that belief is difficult, if not impossible, to determine.”

Kyle Shaw leaves Liverpool Crown Court, where he is charged with stalking Strictly judge Shirley Ballas.
Pic: PA
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Shaw pictured at court in February. Pic: PA

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Defence lawyer John Weate said Shaw had been told the story by his mother “in his mid to late teens” and had suffered “complex mental health issues” since he was a child.

He added: “He now accepts that Miss Ballas and her family don’t wish to have any contact with him and, importantly, he volunteered the information that he has no intention of contacting them again.”

Shaw, of Whetstone Lane in Birkenhead, also admitted possessing cannabis and was ordered to undertake a rehab programme.

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