Technology

Elon Musk: Tesla Broke in 10 Months Without ‘Hardcore’ Cost Reduction

Tesla has called for “hardcore” cost-cutting across every facet of the company, despite its massive capital infusion just a few weeks ago. According to Elon Musk, at present burn rates, the company has less than a year of cash reserves.

The post Elon Musk: Tesla Broke in 10 Months Without ‘Hardcore’ Cost Reduction appeared first on ExtremeTech.

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