Electric car maker Tesla is trapped again, although Tesla still has $2.2 billion in cash at the end of last quarter, but according to foreign media, Tesla CEO Elon Musk sent emails to employees, Tesla In the first quarter of this year, the net loss reached 700 million US dollars. At the current rate of burning money, Tesla only has about 10 months to break even.
To this end, Tesla is reported to be aggressively cutting costs. Not only will Musk and the company’s new chief financial officer, Zach Kirkhorn, personally review all future expenses, the technology media “Electrek” quoted sources as saying that several factory teams in Tesla are no longer order. Office supplies, and even no longer order toilet paper, so that employees have to bring paper towels from the home to the company. The report continued that Tesla had previously hired an outside company to clean the unsold vehicles, but now it is costly to be replaced by employees.