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Tesla to slash thousands of jobs in profitability drive?

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Tesla Job Cuts: “profit is obviously not what motivates us” | Watts Up With That?

Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us," he wrote in an email to employees and posted on Twitter.

"What drives us is our mission to accelerate the world's transition to sustainable, clean energy, but we will never achieve that mission unless we can eventually demonstrate that we can be sustainably profitable."

 Elon Musks explanation that his business decisions are not primarily motivated by profit might come as a surprise to investors who were expecting a return on their capital. But I guess losing money every year for fifteen years is a bit of a hint.

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