There, right there on page 1, of Management for Dummies is the stricture that when deep in the doo doo announce a restructuring. Thus we get Elon Musk’s announcement of just such a restructuring at Tesla. Without more capital – or an entirely unlikely surge in production and thus cash flow – they’re going to go bust in 6 months or so. Thus, sure, announce a restructuring:
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Tesla is undergoing a major restructuring as the company battles to sort out its organisational problems and bottlenecks that are holding up production of its latest electric car, putting its financial targets in jeopardy.