Tesla Announces Plan to Cut 7 Percent of Its Workforce, Leading to Stock Plummet Posted byAndrew Osterland January 18, 2019 Leave a comment on Tesla Announces Plan to Cut 7 Percent of Its Workforce, Leading to Stock Plummet Elon Musk, in a characteristically blunt email to employees, warned that the current quarter would not be as strong as the previous one and that “the road ahead is very difficult.”