Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he w...
FILE PHOTO: Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission in New York City, U.S. April 4, 2019. REUTERS/Brendan McDermid/File Photo
Tesla earlier this month closed a $2.7 billion offering of stock and convertible notes, giving it much needed cash as it ramps up production. “That is why, going forward, all expenses of any kind anywhere in the word, including parts, salary, travel expenses, rent, literally every payment that leaves our bank account must reviewed,” Musk said.
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