In a bid to further cut costs, Tesla (TSLA) is pursuing a reduction in rent, according to correspondence viewed by The Wall Street Journal.“The rapid world pandemic that is now affecting our country has led Tesla to make strategic decisions to ensure the company’s long-term success and growth,” said the email sent to landlords, as seen by The Wall Street Journal. “As a result of the increasing restrictions on our ability to conduct business, we would like to inform you that we will be reducing our monthly rent obligations effective immediately.”The automaker told its landlords that it would like to …read more
Source:: Yahoo Finance
