Elon Musk is apparently charting his way out of what he’s referred to as “delivery logistics hell” by making acquisitions and lining up contracts with trucking haulers.
The Tesla Inc. (TSLA.O) chief executive officer tweeted Thursday that U.S. orders made for Model 3 by the end of the month will be deliverable by year-end. Musk wrote that using trucks instead of rail shaves more than a month off the time it takes to get cars to the East Coast.
When asked to elaborate on how Tesla arranged for more capacity, Musk said the company made some acquisitions of trucking companies, without being specific.
Musk, 47, tweeted repeatedly during the month of September about how Tesla was having trouble smoothly getting Model 3s out to customers. The company still managed to hit its target for the third quarter and reported a profit that blew away analysts’ expectations.