INSUBCONTINENT EXCLUSIVE:
reports that claimed that his Electric Vehicle (EV) company Tesla has gone as far as the office washrooms to cut costs from.A report by
Electrek said that "teams at several Tesla facilities are going to some extremes in attempts to cut costs, including skipping on ordering
office supplies - even toilet paper".The web-portal also tweeted the story to which Elon Musk replied on Saturday: "This is complete
nonsense."Replying to Elon Musk, Electrek Editor-in-Chief Fred Lambert said: "I wish it wasn't true too, but reliable employee sources are
You can shoot the messenger all you want."The report of Tesla's cost-cutting plan affecting toilet paper supplies at work comes after Mr
cost-cutting initiative involves examining every payment, including "parts, salary, travel expenses, and rent".Referencing to the loss of
$702 million that the automaker suffered last quarter, Mr Musk said the step is "extremely important".Currently, Tesla's market value is $61
billion and Mr Musk has an estimated net worth of $20.1 billion, making him the 80th richest person in the world.
