Tesla is eroticism art historyreducing its full-time employee headcount by 7 percent, Elon Musk announced in an email sent to staffers on Friday.
The layoffs are necessary if the company plans to keep turning profit as it starts delivering cheaper variants of the Model 3, Musk wrote. The company will also retain only the "most critical" temps and contractors.
SEE ALSO: Elon Musk makes it more expensive to own a Tesla"Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months. Higher volume and manufacturing design improvements are crucial for Tesla to achieve the economies of scale required to manufacture the standard range (220 mile), standard interior Model 3 at $35k and still be a viable company. There isn't any other way," Musk wrote.
Musk points out that the layoffs come after the company grew its workforce by 30 percent in 2018, but that'll likely be of little comfort to the people that have been laid off.
Just yesterday, Musk announced the closure of the company's customer referral program on Feb. 1, also in an effort to reduce costs.
The layoffs come after a successful year for Tesla, in which the company turned a quarterly profit for the first time in its history after it managed to scale Model 3 production to sufficiently high numbers. This year, however, the company will have to start delivering cheaper variants of the Model 3, while facing a reduction of the U.S. tax credit -- it'll be cut in half in July, and it'll be gone fully by year's end.
For those waiting for their cheaper Model 3, the wording of the memo is interesting. "Starting around May, we will need to deliver at least the mid-range Model 3 variant in all markets," Musk says. For those waiting for the cheapest Model 3, which starts at $35,000, there seem to be no guarantees that they'll get it in 2019.
Topics Tesla
Why are TikTok comments suddenly full of religious messages?
Beyoncé surprised a group of young girls backstage after a dance performance
Justin Bieber is sick of overeager fans, and he ain't afraid to say so
Airbnb continues to push Trips into more Asian countries
NYT Strands hints, answers for May 2
Ilana Glazer got married and we hope she registered at Bed, Bath and Beyond
Here's the first real look at TRAPPIST
Here's the first real look at TRAPPIST
Best JBL deal: Save $80 on JBL Xtreme 4 portable speaker
This baby face generator app is the stuff of terrible, terrible nightmares
'Severance' Season 2, episode 7, explained: What is happening to Gemma at Lumon?
German store says it'll keep selling racist 'Save a dog, eat a Chinese' shirt
This startup is caught in a harassment scandal dubbed 'India's Uber'
Congressman who made racist tweet doubles down on CNN
Trump's new tariff plan spares some smartphones, laptops
Facebook just took a surprising stand on an important digital rights issue
SXSW documentary sheds new light on Michael Brown's death
The colors of India's Holi festival snapped by iPhones
Secret commands found in Bluetooth chip used in a billion devices
Blizzard of 2017: What does bombogenesis mean?
'American Vandal' canceled at NetflixOlympic gymnast 'heartbroken' after being bullied by online trollsConservative judaism is distinct from political conservatismMicrosoft officially closes $7.5 billion purchase of GitHubOlympic medal winners hop fence, grab epic selfies with Usain BoltSamsung's foldable phone isn't coming very soon, new report claimsThe 747 that went to Burning Man: What really happenediPhone XR teardown reveals that basic repairs are easyThe Pooppening: Roomba spreads poop all over houseClassic jokes, rewritten by Donald TrumpNow you can wear Grindr apparel while you grind6 horror movies with paranormal hauntings reported on setYoung swimmers are so inspired by historic Olympian Simone ManuelVery chill dog at the beach gets the Photoshop battle it deservesXiaomi Mi Mix 3 has tiny bezels and 10GB of RAM'The Simpsons' will reportedly write Apu off the show quietlyEgyptian judoka rejects handshake with Israeli opponentThe Trump administration has been steadily sabotaging sex ed. Here's how.Why 2018's 'Halloween' is the slasher movie made for the #MeToo eraOlympian celebrates by ordering an intimidating amount of McDonald's Facebook to selectively pay media orgs desperate for its news tab scraps Libra may be losing support from key partners already We need to talk about public EV charging etiquette NASA managed to catch a black hole totally annihilating a star The U.S. will see starkly different, unusual temperatures this weekend Facebook is thinking about removing like counts Apple updates iOS to 13.1.2, hopefully squashing the remaining bugs Reddit changes its harassment policy and bans major incel community Airline's baby map could help some passengers strategically pick seats 'Destiny 2: Shadowkeep' has a NASA Easter egg buried on the moon 'American Dreamer' is here to ruin Jim Gaffigan for you Kanye West realizes no one man should have all that power, deletes Trump tweets Dudes hailed heroes on Facebook after livestreaming sports match Microsoft drops powerful new Surface Pro X 'Judy' honors Renée Zellweger more than its namesake: Review Facebook now blocks all links to The Pirate Bay 38 times Stephen King absolutely slammed Donald Trump on Twitter Two daring pranksters allegedly hacked a billboard to play pornography 'Minecraft Earth' opens to the public soon and you can sign up now I'm actually scared to see 'Joker' in theaters now
1.7233s , 10169.65625 kb
Copyright © 2025 Powered by 【eroticism art history】,Unobstructed Information Network