https://www.cnbc.com/2019/02/28/elon-musk-memo-about-cheaper-model-3-store-closures.html > Tesla CEO Elon Musk on Thursday sent an email to employees explaining the company's decision to reduce its headcount in its sales and marketing divisions, according to a copy of the memo that was sent to CNBC. > News of the upcoming layoffs come as Tesla announced that sales of the $35,000 Model 3 were finally available, adding that all sales of Tesla vehicles would be moving exclusively online. As part of the announcement, Musk also warned that the company would not turn a profit in the first quarter, sending Tesla's share price down more than 3 percent Thursday night.