'Save costs or we are doomed'

From:: Elon Musk
Date:: February 14, 2016
To:: Tesla executives (recipients not named in reporting)

Excerpt. Only this much of the email has been made public.

I just gave a company talk making it clear that we need to save costs or we are fucking doomed. This [sic] words need to be taken to heart. There is zero appetite for investors to give Tesla more money.

About this email

In a February 2016 email later used in the SolarCity shareholder litigation, Musk says he has just told the company it must cut costs and that investors have no appetite to give Tesla more money.

Notes

Quoted to Musk during his 2019 deposition in In re Tesla Motors, Inc. Stockholder Litigation (Del. Ch. C.A. No. 12711-VCS); '[sic]' is in the source. Recipients were not identified in the reporting retrieved.

Where it came from

Court record; attribution widely reported.

ProMarket (Stigler Center)

Tesla, executive & internal. Tags: cost-cutting, cash, solarcity, fundraising

Earlier email Search all emails Later email