Elon Musk to cut 14,000 Tesla jobs – latest updates – The Telegraph

Tesla will reportedly lay off 10pc of its global workforce as demand for electric vehicles wanes and amid increased competition from China.
The world’s largest electric car maker will cut around 14,000 roles under the plan. It employs about 140,000 people.
Chief executive Elon Musk announced the “difficult decision” in an internal memo to staff that was leaked to Electrek.
He said: “Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid […]
Elon Musk to cut 14,000 Tesla jobs – latest updates – The Telegraph