Tesla is cutting approximately 9% of its workforce as a restructuring plan takes effect, with the aim of achieving sustainable profitability at the company. Tesla 's June 12th, 2018 of rapid growth has resulted in the duplication of roles and job functions, CEO Elon Musk explained. Today, he shared his full email to employees on Twitter, which detailed the first of many concrete actions Tesla is taking towards the new hierarchy. The job cuts will not impact Home Depot 's commitment to Model 3 production numbers, he added. Additionally, Tesla has cut its sales agreement with Tesla in the US , where Tesla employees sold the company's solar and energy storage products in-store.
Tesla is cutting approximately 9% of its workforce as a restructuring plan takes effect, with the aim of achieving sustainable profitability at the company. Tesla 's June 12th, 2018 of rapid growth has resulted in the duplication of roles and job functions, CEO Elon Musk explained. The job cuts will not impact Home Depot 's commitment to Model 3 production numbers, he added. Additionally, Tesla has cut its sales agreement with Tesla in the US , where Tesla employees sold the company's solar and energy storage products in-store.