The fact that Tesla is not doing well was already evident from the company's stock price. Another bad sign was the halt in the development of the cheap Tesla EV. Today there is an extra surprise: Reuters says that Tesla will lay off more than 10 percent of its employees worldwide.
Reuters says it has seen an internal message announcing the round of layoffs. “As we prepare the company for the next phase of growth, it is extremely important to look at every part of the business to reduce costs and improve productivity,” Musk said in a message to his employees. As part of this, Tesla is laying off more than 10 percent of its employees.
Tesla has a total of 140,473 employees worldwide, of which around 14,000 will have to look for a new job. Musk has not yet responded to the reports via his social media platform X, but you would say that this cannot be delayed for long. It would not be the first time that Musk has dismissed a large number of employees. When he bought X, then Twitter, one of his first actions was to fire more than half of the staff.
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