Tesla’s broad restructuring reportedly includes the end of its partnership with Home Depot.

CNBC reported that Tesla Inc. (Nasdaq: TSLA) CEO Elon Musk told his employees in an email Tuesday that it’s ditching The Home Depot Inc. (NYSE: HD) as a sales partner for its residential clean energy products. The move comes part of the Tesla’s plan to layoff about 9 percent of its workforce.

According to CNBC, Musk wrote Tuesday: 

In February, Bloomberg News reported that Tesla was planning a “major…

Atlanta Business Journal
Report: Tesla drops partnership with Home Depot

Stay Current On Entrepreneurship

One email per week, all the latest content from the top rising business owners