Musk has been in a similar position before when he took over Tesla. At that point it was struggling to make the Roadster, they were facing having a marginal cost of manufacturing a car higher than the sales price.
Musk took over and made cuts. I don't think anyone could argue that those cuts were at the cost of Tesla's long-term growth. They were needed because of an imminent liquidity problem. Tesla has hired great people since then.
Musk took over and made cuts. I don't think anyone could argue that those cuts were at the cost of Tesla's long-term growth. They were needed because of an imminent liquidity problem. Tesla has hired great people since then.