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BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for ...
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the ...
In the days that followed, Tesla announced it would be laying off more than 10% of its global workforce. With hardly any good news to chew on, several analysts turned cautious about Tesla, and the ...
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning.
Elon Musk had previously mentioned laying off 10% of staff, but clarified that figure relates to salaried employees, and doesn't include hourly workers.
Tesla has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles. Tesla lays off more staff ...
Tesla has laid off 200 employees, many of which are hourly workers. This comes on the heels of CEO Elon Musk saying last week that while the company would reduce its workforce by 10% over the next...
Elon Musk said in early June he had a "super bad feeling" about a recession, and that the electric-car maker would need to cut 10% of its workforce.