Tesla slashes workforce, ends referral program

Elon Musk, Tesla CEO, has confirmed the company will shed about seven per cent of its workforce to "advance our mission", described as "accelerating the advent of sustainable transport and energy, which is important for all life on Earth".In a letter, the outspoken CEO described 2018 as the "most challenging" and "most successful" year yet for Tesla, which saw it just weeks from bankruptcy as it went through production hell in an effort to churn out 5000 units of the Model 3 per week.