Tesla to Lay Off 10% of Global Workforce

The announcement came after deliveries dropped year-over-year in 2023…

According to Yahoo News, Tesla has sent a company email confirming that 10% of the electric vehicle maker’s staff will be laid off. This comes after a recent announcement where the brand canceled its longstanding plans for a $25,000 base model vehicle.

Tesla currently employs 140,000 workers globally. This round of layoffs is expected to affect at least 14,000 employees.

Read the full report from Yahoo News here.

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