Tesla CEO Elon Musk took to micro-blogging site Twitter to confirm that Tesla will soon lay off around 3000 employees. Musk informed his employees about the decision via an email that got leaked online, after which he himself posted the screenshots of the entire announcements in order to avoid any confusion.  Musk wrote in his email that Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplications of roles and some job functions.

As part of this effort, and the need to reduce costs and become profitable, they have made the difficult decision to let go of approximately 9% of our colleagues across the company. Musk also clarified that just the salaried employees will be impacted by the decision and the planned layoffs will not affect the production of the Model 3 as there will be no production associates are being cut.

He said that Tesla (TSLA) is still looking for the right candidates for its key positions and will eventually expand its production staff.  Musk said that the job cuts are part of Tesla’s restructuring process. He also added that the layoffs should help reduce costs and hopefully will make the firm profitable.

He emphasised the fact that Tesla has never made an annual profit. “We will never achieve [our] mission unless we eventually demonstrate that we can be sustainably profitable,” he wrote in the letter.

Meanwhile, on Tuesday, Musk informed that the new Tesla Roadster could come with not one or two but 10 small rocket thrusters for top speed. Elon Musk unveiled Roadster back in November 2017 which is a sports car that he claims will be able to go from 0 to 60-mph in just 1.9 seconds, making it the fastest production car ever made.

The new Roadster is due in 2020 and is expected to cost $250,000, have a 200-kWh battery and supposedly drive 620 miles per charge. Already these are ambitious specs, and whether or not they factored in rocket thrusters, who knows.

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