Musk to review all of Tesla's expenses in new cost-cutting plan Musk to review all of Tesla's expenses in new cost-cutting plan May 17, 2019 dzadmin Comments 0 Comment Elon Musk, in an email to employees, said Tesla’s net proceeds from its recent stock and debt offering gave the company only 10 months to achieve breakeven at the rate it burned cash in the first quarter. Tesla shares fell on the news.