This will please Putin
Whoopsie
Trumps fault I’m sure
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Tesla Cuts 3,000 Jobs As Elon Musk Aims To Make More Cars For Less MoneyTesla is reducing its workforce by 7 percent — more than 3,000 jobs, according to a recent staffing estimate –– in an attempt to transition to the mass market by making cheaper vehicles in larger numbers. maga uhh yeah. so npr's headline makes this sound like the layoff is due to the greed of elon musk. in reality, tesla has been in dire straits now for some time. these layoffs are probably the first of many cost cutting measures to come.
Source: NPR - 🏆 96. / 63 Read more »
Tesla warns on Q4 profit, cuts jobs to pull down Model 3 priceElectric-car maker Tesla Inc. will cut “approximately” 7% of its full-time workforce and warned that Q4 profit won’t meet the performance of Q3, CEO Elon Musk said in an update Friday.
Source: MarketWatch - 🏆 3. / 97 Read more »