https://www.cnet.com/roadshow/news/tesla-laying-off-9-percent-of-workforce/

Tesla will lay off 9 percent of its workforce as it works to reach profitability. Bloomberg reported the news, and CEO Elon Musk then shared his memo to Tesla staff on Twitter. Musk said the decision was made as the automaker works to become profitable. Tesla has never been profitable in its 15-year existence.

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. Instead, he said that the cuts were made to job functions that, "are difficult to justify today." Moreover, he said that this round of layoffs is necessary so that "we never have to do this again."