Is Tesla In Financial Trouble? Elon Musk Fires Tesla Staff At 1 AM

Elon Musk's 1 a.m. email to employees may hint at the end of Tesla. While Musk wants his employees to have the "saving the world" mentality, his way of getting them on-board by working them to the bone may be counterproductive and detrimental to his company.

While we can't fully understand what goes on in the minds of visionaries and high profile personalities like Mark Zuckerberg and Elon Musk, it's not as hard to spot when things aren't working out — despite the great stuff they pulled off before.

Talk about getting an email from the CEO at 1 a.m. According to reports, Musk sent a memo to his Tesla employees last Jan. 18 at exactly 1:20 a.m. in California. And it's not good news.

Musk started with Tesla's accomplishments for 2018 before getting to business and announcing layoffs. He is cutting 7 percent of full-time employees. This means over 3,000 people out of Tesla’s 45,000 employees are being laid off.

According to the CEO, the job cuts are inevitable. He argued that they are necessary for the company to meet the challenges. These challenges include "making our cars, batteries, and solar products cost-competitive with fossil fuels" — products that Musk admits "are still too expensive for most people."

Musk also recognized the fact that Tesla is up against "massive, entrenched competitors ... [so employees] must work much harder than other manufacturers to survive." He added that working hard will be worth it and that everyone should get behind "the mission of accelerating the advent of sustainable transport and energy, which is important for all life on Earth."

While everyone knows that using fossil fuel is not sustainable, it wasn't until Tesla's bid that the market considered investing in clean energy seriously. Musk's philosophy, for the most part, is right, but there are some things about his mindset that worries people. This could be seen in the memo he sent.

"There are many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive. Attempting to build affordable, clean energy products at scale necessarily requires extreme effort and relentless creativity, but succeeding in our mission is essential to ensure that the future is good, so we must do everything we can to advance the cause," Musk wrote. However, the following part isn't as ideal as it sounds.

"We must do everything we can to advance the cause," He said.

While there's no telling what will happen to Tesla, Musk seems determined to proceed aggressively despite the job cuts.

Meanwhile, Musk recently revealed that Tesla is working on a security feature called "sentry mode." Musk's made the announcement when he addressed a customer's complaint on Twitter about a dent on his Model 3. The customer said that it might be good to have a "360 dashcam feature while parked."