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Elon Musk Says Tesla is Close to Achieving Profitability

In order to "achieve a victory beyond all expectations, Tesla must go "all out" on production on Sunday which marks the end of the quarter, Musk said.

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Tesla to lay-off 7% full-time staff amid China dreams. Pixabay

Amid a slew of controversies surrounding Tesla CEO Elon Musk, there comes some good news for the electric-car company’s investors and staff as the tech billionaire has now said that the company is close to achieving profitability.

In emails to Tesla staff, Musk said that if the staff could pull through the pressure on Sunday, the company could be close to achieving an “epic victory” on production goals, CNBC reported.

tesla
A Telsa car recharges at a Tesla charging station in Charlotte, N.C.. VOA

The message from the Tesla boss could bring some cheer to the workers as the last few weeks had been quite tumultuous for Musk who had on Saturday agreed to step down as chairman of the company for three years and pay a $20 million fine in a deal with the US stock market regulatory authority, Securities and Exchange Commission (SEC), to resolve securities fraud charges.

The SEC announced the deal on Saturday — two days after it sued Musk in federal court for misleading investors over his post on Twitter last month that he was considering taking Tesla into private ownership at $420 a share.

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‘Tearful’ Musk aims for $25,000 Tesla car for the masses. (VOA)

According to the SEC’s complaint, Musk’s misleading tweets caused Tesla’s stock price to jump by over six percent on August 7, and led to significant market disruption.

Also Read: Elon Musk Apologises To UK Driver For Calling Him a ‘Pedo’

However, in two emails — one dated September 28 and the other September 30 — Musk exhorted staffers to “ignore the distractions” and that the company was close to “proving naysayers wrong”, the CNBC report said.

In order to “achieve a victory beyond all expectations, Tesla must go “all out” on production on Sunday which marks the end of the quarter, Musk said. (IANS)

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Bolster Your Brisbane Business With A Virtual Office

In Brisbane, many flexible workers and startups are taking advantage of Brisbane’s virtual offices to give their businesses the best chance at success

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Brisbane, Business, Virtual Office
Not having an extensive contacts list, physical infrastructure, or even adequate startup capital can all drag on your initial prospects. Pixabay

Starting as a freelance or flexible worker can be difficult. Not having an extensive contacts list, physical infrastructure, or even adequate startup capital can all drag on your initial prospects for growth. With limited options and intense competition, it can be hard to figure out the best way to proceed.

In Brisbane, many flexible workers and startups are taking advantage of Brisbane’s virtual offices to give their businesses the best chance at success. If you are unfamiliar with virtual offices and their potential usefulness for your company, here is a list of some of the ways in which this tool can give your business a boost. 

Let’s take a closer look at some of these specific benefits and how a virtual office can help your business succeed.

What Is A Virtual Office?

Brisbane, Business, Virtual Office
Starting as a freelance or flexible worker can be difficult. Pixabay

Virtual offices provide many of the benefits of traditional office space, without the commitment of actual physical space. You can have access to a local telephone number with a receptionist, the use of coworking space when you need it, and a host of other advantages at a much more affordable price point.

Instant Credibility

Networking and building a solid base of contacts and clients is at the top of every startup’s list of things to do. Having access to your broader industry and major investors is critical to early success. However, it can be difficult to gain the recognition you need when you are in the early stages of your business.

Virtual offices can dramatically assist in this regard. By providing you with access to a prestigious address to use on all your business materials, including letterheads, reports, invoices, and business cards, anyone you meet in your industry will be more likely to take notice of your company.

Also Read- Worsening Extreme Weather Linked to Climate Change Creating Hardships for Many

In Brisbane, premium providers of virtual offices are fully aware of the power of an address to boost credibility. As such, they have located their virtual offices with a spot at Riparian Plaza on 71 Eagle Street. This 53-storey building has been built to command respect and prestige in the heart of the city’s financial district. Many established and well-known businesses, including KPMG and Clayton Utz, have already chosen to locate themselves here. You can join this elite club immediately by using a premium virtual office service.

Affordable Rates

The last thing that startups and freelancers want is to pay for physical space that they do not need. Cost minimisation is critical for the success of every business, from the largest to the smallest. With office rental rates skyrocketing in the Brisbane area, it can be prohibitive for newcomers to establish themselves in this manner. However, virtual offices can be had for extremely affordable monthly rates, even from premium providers. Look for a provider who does not require a security deposit and where a month-to-month contract is the norm. As an emerging business, you need this kind of flexibility to succeed.

Office Essentials Included

Brisbane, Business, Virtual Office
With limited options and intense competition, it can be hard to figure out the best way to proceed.

The benefits of virtual offices are also very tangible. With premium providers of virtual office services, you can expect that you can have access to meeting rooms and boardrooms for rent when you need them. You are also provided with access to coworking spaces in both your home location and around the world. In these spaces, you can expect high-speed, secure internet connections and access to traditional office infrastructures such as printing, copying, and scanning facilities.

Virtual Office, Real Success

Also Read- Huawei to Launch First Commercial AI Chip Soon

To enjoy these very real benefits for your business, consider using a virtual office. Their increasing popularity across Australia is indicative of their usefulness and prominence in the country’s business scene. Virtual offices are here to stay and for great reasons.