Elon Musk | Tesla CEO sends employees job cut email at 1am

Tesla’s CEO Elon Musk sent an email to employees at 1:20am last Friday outlining sharp cuts - which may indicate that the company is on the brink of collapse, Inc.com reports.

The email started off by highlighting Tesla’s numerous accomplishments over the past year before Musk reportedly got stuck into announcing another round of job cuts – reducing the number of full-time employees by around seven per cent this time.