Tesla will lay off about 3,500 workers in an effort to boost profitability, CEO Elon Musk wrote in a company email.
“What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable,” Musk wrote.
Musk wrote the layoffs were part of a restructuring to make the company “communicate better, eliminate bureaucracy and move faster.” He noted that the cuts will not affect Tesla’s ability to reach targets for producing the Model 3. He has promised to make 5,000 Model 3 cars a week by the end of June
Difficult, but necessary Tesla reorg underway. My email to the company has already leaked to media. Here it is unfiltered: pic.twitter.com/4LToWoxScx
— Elon Musk, the 2nd (@elonmusk) June 12, 2018
