Tesla is cutting 9 % of its workforce as a restructuring plan takes place , with the goal of achieving sustainable profitability at the company . Tesla 's five years of rapid growth has resulted in the duplication of roles and organizational functions , CEO Elon Musk explained . The job cuts will not impact Tesla 's commitment to Model 3 production numbers , he added . and we wish you well in your future opportunities. Additionally , it has cut its sales agreement with Home Depot in the US , where Tesla employees sold the company 's solar and energy storage products in - store .
Tesla is cutting 9 % of its workforce as a restructuring plan takes place , with the goal of achieving sustainable profitability at the company . Tesla 's five years of rapid growth has resulted in the duplication of roles and organizational functions , CEO Elon Musk explained . The job cuts will not impact Tesla 's commitment to Model 3 production numbers , he added . Additionally , it has cut its sales agreement with Home Depot in the US , where Tesla employees sold the company 's solar and energy storage products in - store .