Musk has dismissed media-reports that claimed that his EV-company Tesla has gone as-far-as the office washrooms to cut costs from. A report by Electrek said that "teams at several Tesla facilities are going to some extremes in attempts to cut-costs, including skipping on ordering office-supplies even toilet-paper". The web-portal also tweeted the story to which Elon Musk replied on Saturday: "This is complete nonsense."

High-tech entrepreneur Elon Musk's SpaceX company launched a Falcon 9 rocket from Florida on a mission to carry the first batch of five dozen small-satellites into low-Earth orbit for his new Starlink internet service. The rocket blasted off from Cape Canaveral Air Force Station at about 10:30-p.m. local-time, marking a milestone in global enterprise aimed at generating cash for Musk's larger-ambitions in space.

Tesla CEO Elon Musk has said he will personally review all of the electric carmaker's expenses in a new cost-cutting plan, a source has reported. "Going forward, all expenses of any kind anywhere in the [world], including parts, salary, travel expenses, rent, literally every payment that leaves our bank account must [be] reviewed," Musk wrote in the email to employees.