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Elon Musk: Tesla Is Dropping Its Customer Referral Program

Futurism Thursday, 17 January 2019
Elon Musk: Tesla Is Dropping Its Customer Referral ProgramBottom Line Tesla has found a new way to cut costs. On Thursday, CEO Elon Musk announced on Twitter that the company’s customer referral program will end on Feb. 1. In a follow-up tweet, he explained that the program was too expensive — another sign that Tesla’s eyes are fixed firmly on the bottom line. Refer […]

The post Elon Musk: Tesla Is Dropping Its Customer Referral Program appeared first on Futurism.
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News video: Tesla CEO Elon Musk Announces Job Cuts

▶ Tesla CEO Elon Musk Announces Job Cuts 00:38

Tesla announced on Friday that it would be slashing thousands of jobs from its workforce in an attempt to bring down costs and increase production of the Model 3 sedan. The electric car manufacturer has struggled to achieve long-term profitability while balancing its expense sheet. Reuters reports...

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T. Rowe Price, formerly Tesla's largest institutional shareholder, cut its stake in half in the fourth quarter, a regulatory filing showed on Monday. According to Business Insider, the filing showed..

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