Tesla to cut more than 10% of labor force, report claims
Tesla is laying off employees amidst bad quarterly outcomes.
"It needs to be done." Credit: NurPhoto/GettyImages
Tesla is laying off more than 10 percent of its labor force worldwide. This is according to a company-wide e-mail sent out to Tesla workers by CEO Elon Musk. The e-mail was initially reported on by Electrek. In the e-mail, Musk lays the blame on the business's quick development, which triggered "duplication of functions and task functions in particular locations.""As we prepare the business for our next stage of development, it is incredibly essential to take a look at every element of the business for expense decreases and increasing efficiency. As part of this effort, we have actually done a comprehensive evaluation of the company and made the tough choice to lower our ...