Musk to workers: Perform for profit, prove 'naysayers wrong'

TOKYO (AP) — Tesla founder Elon Musk is telling his employees to work hard on the last day of the quarter to prove "the naysayers wrong."

In a Sept. 30 email, filed with the U.S. Securities and Exchange Commission on Monday, Musk says the electric car maker is nearing profitability.

The commission had filed a lawsuit, saying Musk's tweet about taking the company private constituted securities fraud because Musk knew he hadn't lined up the money for the deal.

Musk reached a settlement with the regulators, announced Saturday. He is staying on as CEO.

Musk's email says: "We are very close to achieving profitability and proving the naysayers wrong, but, to be certain, we must execute really well tomorrow (Sunday).