A graphic of a Tesla logo above a $100 bill in the shape of a downward graph.
Tesla started sending out severance information to laid-off employees overnight.
  • Tesla has begun sending severance information to laid-off staff.
  • Five former workers told Business Insider the severance offer included two months' pay and health insurance.
  • On Sunday, Elon Musk told Tesla staff he was cutting more than 10% of the company's workforce.

Tesla has started sending out severance information to laid-off employees.