Tesla to lay off more than 10% of staff; senior execs leave company

tesla semi — Tesla Semi trucks photographed in 2023. (OMARI GARDNER)

R

By:

Reuters

April 15, 2024 10:32 AM

Tesla told staff that the company is laying off more than 10 percent of its global workforce, an internal memo seen by Reuters shows, as it grapples with falling sales and an intensifying price war for electric vehicles.

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