Sent to all Tesla employees on June 3, 2022, two days after the return-to-office emails, announcing a 10% cut to salaried headcount.

To: Everybody Subject: Headcount Reduction

Tesla will be reducing salaried headcount by 10% as we have become overstaffed in many areas. Note this does not apply to anyone actually building cars, battery packs or installing solar. Hourly headcount will increase.

Elon

Read the email as transcribed by CNBC.