Tesla sacks 9% of its workforce
About 4 Months, 3 Days, 11 Hours, 50 Minutes ago.
Chief exec Elon Musk announces “difficult but necessary” company restructuring, promises cuts “will not affect Model 3 production”Tesla is to let go approximately nine per cent of its workforce, after the company’s chief executive officer, Elon Musk, said it needs to “reduce costs and become profitable”.
Musk said jobs would be lost from Tesla’s “salaried population”, but promised “no production associates” will be let go. In an email released by Musk on Twitter, he said the cuts will “not affect our ability to meet Model 3 production targets in the coming months."