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