Published 14 days ago

Tesla to lay off more than 10% of staff globally as sales fall

Tesla is reducing its workforce by 10% to enhance productivity and reduce costs.
Demand for Tesla's electric vehicles has been weak, leading to price cuts.
The company reported a drop in vehicle deliveries for the first time in almost four years.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

BBC News

Tesla lays off more than 10% of its workforce

Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount.

14 days ago·United Kingdom

Read Full Article

The Guardian

Tesla to cut 14,000 jobs as Elon Musk bids to make it ‘lean, innovative and hungry’

Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affected

14 days ago·London, United Kingdom

Read Full Article

The Independent

Elon Musk to cut 14,000 jobs from Tesla

The billionaire said decision had been made to ensure company was ‘lean, innovative and hungry for the next growth phase cycle’

14 days ago·London, United Kingdom

Read Full Article

Reuters

Tesla to lay off more than 10% of staff globally as sales fall

Tesla will lay off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales amid an intensifying price war for electric vehicles.

14 days ago·United Kingdom

Read Full Article

CBC News

Tesla to lay off 10% of its workforce as sales fall

Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles.

14 days ago·Canada

Read Full Article

Associated Press News

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon

14 days ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year