It’s sometimes hard to make sense of what’s going on with Tesla. Is the company on the verge of going bankrupt, or poised to set new records for deliveries? Well, according to Tesla CEO Elon Musk, the answer to both questions could be “yes.”
A few days ago, an internal email from Musk to Tesla employees claimed that the company was in danger of running out of cash in just 10 months time. As a result, Musk said that the company was going to implement “hardcore” cost-cutting measures, an initiative Musk claims is the only way for the company “to become financially sustainable and succeed in our goal of helping make the world environmentally sustainable.”
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Tesla may set a quarterly record for deliveries, according to leaked Elon Musk email originally appeared on BGR.com on Thu, 23 May 2019 at 20:08:43 EDT. Please see our terms for use of feeds.
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