Tesla confirmed that only salaried employees will be laid off and no production associate will be let go as Tesla is still focused on increasing Model 3 production.
Tesla's announcement comes a month after Musk announced a restructuring of Tesla's organizational chart. "We made these decisions by evaluating the criticality of each position, whether certain jobs could be done more efficiently and productively, and by assessing the specific skills and abilities of each individual in the company", Musk said.
"As part of this effort, and the need to reduce costs and become profitable, we have made the hard decision to let go of approximately 9 percent of our colleagues across the company", Musk wrote".
Musk said that the layoffs do not affect production staff and stressed that this wouldn't hurt the company's efforts to hit big targets for production of the Model 3 sedan.
Home Depot's relationship with Tesla will continue through the end of the year, and the company "plans to continue offering solar options to our customers", according to an emailed statement from Steve Holmes, a spokesman for the retailer.
Legendary Brazilian tennis player Maria Bueno dies
Bueno, who spent most of her competing as an amateur, held the No. 1 ranking in women's tennis in 1959, 1960, 1964 and 1966. She reached the finals at Wimbledon two more times, only to lose to Court in 1965 and to Billie Jean King in 1966.
Tesla has been burning cash nearly continuously since it was founded 15 years ago.
Musk referenced "a company-wide restructuring", which was reported last month by Electrek. For almost all of its history, Tesla has put up losses while investing heavily in technology, manufacturing plants and an extensive car-charging network.
Musk also announced that the company's solar panel unit has chose to end its agreement to sell via Home Depot stores so it can focus on sales in Tesla's company stores and online.
Tesla told CBC News that it had over 42,000 employees around the world. We are a small company in one of the toughest and most competitive industries on Earth, where just staying alive, let alone growing, is a form of victory (Tesla and Ford remain the only American auto companies who haven't gone bankrupt).
The hostages are being held in the internal courtyard of the building, which contains a mix of offices and residential apartments. Police would not immediately confirm whether the person holding the hostages was armed or describe the nature of his demands.
The eruption has spewed out enough lava to fill 45,400 Olympic-sized pools since it started, the US Geological Survey said. The other half of the residents in a more vulnerable area are allowed back during the day if conditions are safe.
This bacterium, as well as coliforms, were also more likely to reside on towels used by families with non-vegetarian diets. Of the 49 samples which were positive for bacterial growth, 36.7% grew coliform bacteria, a group which includes E. coli .
Footage of the unrest was aired on the state TV channel with a red cross drawn across it, indicating the authorities' disapproval. A draft law would allow foreign investors to lease land in special economic zones for up to 99 years.
However, counsellor Steve Pope, who is treating the girl, warned it could be a "gateway" into further addictions in later life. Her parents also noticed payments totalling more than £50 a month were being paid to Microsoft from their credit card.
Amazon said it found two of the violations-excessive overtime and use of agency staff-during an audit of the factory in March. Meanwhile, Foxconn "works hard to comply with all relevant laws and regulations", according to the same Reuters report.
Trump said it was snapped as they waited for changes he'd requested to the communique he ended up pulling out of. Trudeau had said Canadians "are polite, we're reasonable, but also we will not be pushed around".
Spain will face Iran and Morocco in Group B after the challenge of Cristiano Ronaldo's Portugal in their opener on Friday. Real Madrid have announced that Julen Lopetegui will take over as Real Madrid manager after the World Cup .
Former Durham and Warwickshire batsman MacLeod said Scotland's first global cricket win over England was a "massive statement". England captain Eoin Morgan put on a fearless face saying the shock reversal will act as flawless preparation for the series.
Other firms vying for permits include Spin, LimeBike, Bird, Razor , Scoot, Ofo, Waybots, CycleHop, Ridecell, and USSCooter. The permits allow a maximum of five companies to operate 500 scooters each in San Francisco for a yearlong pilot program.
Rose McGowan Indicted On Felony Count Of Cocaine Possession
Actress and activist Rose McGowan is set to go to trial in January in Loudoun County, Va., on a cocaine possession charge. If convicted, McGowan faces up to a year behind bars, but her attorneys have vowed to fight the charge all the way.
Lopetegui to replace Zidane at Real Madrid
He also played for both Real Madrid and Barcelona, although he only played one league game for Madrid , and five for Barcelona. They also scored 36 goals, and their form means they are one of the favourites ahead of the tournament in Russian Federation .
'Built in India', Uber Lite is 'designed for the world'
The app is made keeping in mind emerging markets, and India is the first place the company has chose to launch it. Uber Lite is a simple version of the rider app that saves space, works on any network, and on any Android phone .
Anthony Bourdain's death resonates around the world
My husband half-jokes that he married Sophia Loren but ended up with Jean-Claude Van Damme", the 49-year-old wrote in the article. Bourdain met Argento in 2016 while shooting an episode of Parts Unknown in Rome. "He was my love, my rock, my protector".
CBI seeks Red Corner Notice against Nirav Modi from Interpol
The consent clause is whether a person's approval is sought before the process to ascertain his or her nationality has started. The report claims that MEA is yet to push for extradition in the case as it is waiting for request from relevant authorities.
New Spider-Man Gameplay Trailer Brings the Baddies
Including the last, unnamed villain, it would appear as though Insomniac is inching toward the reveal of their own Sinister Six . Swing freely through Marvel's New York City in epic action set-pieces filled with a rich narrative and relatable characters.