Tesla Announces Layoffs
Elon Musk sent a 1:00 AM email to Tesla employees that has commentators questioning the future of the company. The email announced a seven percent reduction in full-time employees, citing a need to reduce the costs of Tesla’s vehicles and batteries, which are more expensive than the brand’s gas-powered competition. Many consider Musk’s email to be demonstrative of a lack of employee empathy. From the email:
“Attempting to build affordable clean energy products at scale....