Tesla CEO Elon Musk has shared some things related to Tesla company and its employees on social media.

Elon Musk said that the company's sales had seen a decline of about 20% last year and this year Tesla shares have fallen by about 37% and closed at $ 155.45.

This marks the first decline in Tesla's sales since 2020 when the global pandemic affected operations.

After the company's sales declined last year, Tesla laid off about 10% of its workforce globally to cut costs.

The Tesla company had 140,000 employees by the end of 2023, which has led to duplication of roles and responsibilities within the organization, according to the CEO.

According to Musk, the Tesla company needs to "rebuild", "prepare for the next phase" and "organizational strategy for the future".