Elon Musk: Tesla Is a Victim of Sabotage

Elon Musk: Tesla Is a Victim of Sabotage

The culprit, whose identity remains unknown, allegedly admitted to making "direct code changes to the Tesla Manufacturing Operating System under false usernames", Musk, the company founder, wrote in the email, titled "Some concerning news", which was obtained by CNBC.

The leaked email, sent to Tesla's roughly 40,000 staff, said the matter was being was being investigated. Musk said the employee had explained his actions with the fact he had been passed up for a promotion.

Musk said in the email, which was seen by Reuters, that he had learned of this alleged behaviour at the weekend.

He went on to say that there "may be considerably more to this situation than meets the eye", noting that "there are a long list of organizations that want Tesla to die". Further, he has expressed his concern over the long list of organisations who want Tesla to die for their personal benefits including Wall Street short-sellers, oil and gas companies, big gas/diesel vehicle companies among others.

For now, Musk asks employees to, "Please be extremely vigilant, particularly over the next few weeks as we ramp up the production rate to 5k/week". Musk said the fire could just be a "random event", but quoted businessman and engineer Andrew Grove's famous line that "only the paranoid survive".

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Tesla stock has climbed for seven consecutive days and more than $19 billion has been added to the automaker's market capitalization in the past month, in part due to the confidence Musk has expressed in achieving the Model 3 production target.

Tesla CEO Elon Musk sent an e-mail to all employees on Sunday night alleging there was a saboteur within the company's ranks.

Elon Musk personally took over supervision of Model 3 production in April after multiple setbacks caused by manufacturing issues. The company will also not renew its contract with United States hardware chain Home Depot, which now sells the company's solar panels and home energy systems, though "the majority" of Tesla staff now placed in Home Depot stores will move over to Tesla retail positions.

Last week, Musk announced that 9% of the company's workforce was being laid off, without specifying an exact number.

What do you think the future holds for Tesla?

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