THE ELECTRIC VEHICLE BUBBLE DEFLATES: Elon Musk issues brutal email to Tesla staff as he goes ‘absolutely hardcore’ and fires two senior executives, his entire Supercharger team, and moves to lay off hundreds more employees.

The Tesla boss, who sat down with Chinese premier Li Qiang on Sunday promising an imminent roll-out of driverless cars in the country, sent a brutal email to senior managers Monday night, The Information reported.

Rebecca Tinucci, senior director of the electric vehicle maker charging infrastructure, and Daniel Ho, head of the new vehicles program, will leave on Tuesday morning, the report said.

Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group.

‘Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction. While some on exec staff are taking this seriously, most are not yet doing so,’ Musk said.

Plus: “Tesla’s public policy team, which was led by former executive Rohan Patel, will also be dissolved.”