KXIP vs KKR Live Score

Tesla chief Elon Musk said last week that the company's layoffs of 9 percent of its workforce wouldn't affect production as the all-electric automaker races to build thousands of new Model 3 sedans a week. The employee was reportedly seeking a promotion within the company but did not receive it, something which in hindsight is described to be "definitely the right move" in Musk's company-wide email.

The sabotage came to light during the weekend, Mr Musk said.

Although the company declined to comment on the email officially, several employees confirmed they had received it and shared its full text with the news outlet.

He wrote: "Most of the time, when there is theft of goods, leaking of confidential information, dereliction of duty or outright sabotage, the reason really is something simple like wanting to get back at someone within the company or at the company as a whole". And Musk, in recent all-employee emails, said the company suffered setbacks from a factory fire and an internal saboteur.

The automaker is ramping up efforts to meet its goal of producing 5,000 Model 3s, the company's attempt to offer a more affordable auto that would allow it to break into the broader consumer market. The company's forecasts for generating profit and cash in the third and fourth quarters of this year are based on this objective, and falling short would reignite concerns about whether the company may need to raise more capital.

Melania Trump releases statement calling for cooperation in case of separated families
The temporary shelter near El Paso is the first to be erected by the Trump administration since the new "zero tolerance" policy . Passage of the bill could alienate conservatives and depress turnout at a time when enthusiasm among Democrats is high.

Musk thanked departing staff for their service, saying the company was "making this hard decision now so that we never have to do this again"; he also promised Tesla would "continue to flatten" its management structure. At the company's annual meeting earlier this month, Musk said he expected to reach that target by the end of June.

While the fire may have been an accident, Musk cautioned vigilance in the building. He claims that while these companies cheat about emissions, maybe they can cheat in other ways.

Engineer and tech entrepreneur Elon Musk of The Boring Company listens as Chicago Mayor Rahm Emanuel talks about constructing a high-speed transit tunnel at Block 37 during a news conference on June 14 in Chicago, Illinois.

The billionaire tech entrepreneur has long advanced a viewpoint of Tesla-against-the-world, helping build his upstart vehicle company's reputation as a nail in the tire of Big Auto. In a tweet on Sunday, Musk warned that those betting against the company "have about three weeks before their short position explodes".


COMMENTS