Musk Calls Report of Toilet Paper Shortage at Tesla 'Complete Nonsense'

Musk had earlier said he would personally examine and review every expenditure at Tesla.

Musk Calls Report of Toilet Paper Shortage at Tesla 'Complete Nonsense'
Advertisement

Elon Musk has dismissed media reports that claimed that his Electric Vehicle (EV) company Tesla has gone as far as the office washrooms to cut costs from. A report by Electrek said 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". The web-portal also tweeted the story to which Musk replied on Saturday: "This is complete nonsense."

Replying to Musk, Electrek Editor-in-Chief Fred Lambert said: "I wish it wasn't true too, but reliable employee sources are reporting it. You can shoot the messenger all you want."

The report of Tesla's cost-cutting plan affecting toilet paper supplies at work comes after Musk announced earlier in May that he would personally examine and review every expenditure at Tesla, no matter how small.

The new cost-cutting initiative involves examining every payment, including "parts, salary, travel expenses, and rent".

Referencing to the loss of $702 million that the automaker suffered last quarter, Musk said the step is "extremely important".

Currently, Tesla's market value is $61 billion and Musk has an estimated net worth of $20.1 billion, making him the 80th richest person in the world.              

Earlier, Elon Musk, who is also the founder of SpaceX, had mocked Blue Origin founder Jeff Bezos' Moon plans saying they make no sense. Amazon CEO Bezos had described his vision of humans living on miles-long, orbiting space stations called "O'Neill colonies", named after physicist Gerard O'Neill, who first floated the concept.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Elon Musk, Tesla
Samsung May Benefit From Huawei's Plight in Ongoing Trade War, Fitch Ratings Says
Computex 2019: Asus ZenBook Pro Duo, ZenBook Duo With ScreenPad Plus Secondary Display Unveiled
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »