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Wednesday, June 13, 2018

UNDERPERFORM


Tesla Business is in Trouble


Electric car maker Tesla Inc. has not made profit since 15 years in operation. CEO Elon Musk said that to make business turn to profit, he has to cut workforce several times and the last one is 9% or 3,600 of the company’s workforce of 40,000. Workforce rationalization as a consequence of the duplication of roles and job functions in the past but company promise for not sending home employees again as they push to finish production Model 3 to meet the targets. The remaining workforce is also significant to accomplish of the semi pickup truck and a new SUV for the years ahead, CEO said. (UP/01/MM/14/June/2018)

  

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