Tesla Slashes Toilet Paper Usage as Stock Swirls in Crapper
Tesla’s “hardcore” cost-cutting measures include slashing toilet paper purchases, which makes sense since TSLA stock is swirling in the crapper. | Source: REUTERS/Mike Blake (i), Shutterstock (ii). Image Edited by CCN.
By CCN: Tesla’s extreme cost-cutting measures have hit Tesla employees where the sun don’t shine. To keep costs low the electric vehicle company is holding back on purchases of new office supplies, including toilet paper for employee bathrooms. Elon Musk did mention this week that the budget cuts would be “quite hardcore.”
Tesla Employees Bring Their Own Toilet Paper to Cut Costs
“Sources familiar with the matter told Electrek 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.”
“A source even said that some employees are bringing toilet paper from home to the office in an attempt to reduce their overhead.”
Such cost-cutting measures follow Musk’s May 16 letter emphasizing the urgency of a drastic pullback on spending. He said in the letter that two people — he and Tesla’s new Chief Financial Officer, Zach Kirkhorn — must sign off on every penny the automaker spends to control costs.
“As mentioned at the company talk,