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Tesla (TSLA - Get Report) will no longer be on autopilot when it comes to company expenses.



Tesla CEO Elon Musk on Thursday said that, effective immediately, he and the company's new chief financial officer personally will review all expenses going forward in a "hardcore" attempt to cut costs following massive losses during the last quarter.

In an email sent to all Tesla employees and obtained by all-things-Tesla and EV news website Electrek, Musk noted that it was "extremely important" to "examine every expenditure at Tesla, no matter how small."





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Musk Warns Employees: It's Time For Hardcore Belt Tightening

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