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Tesla has cut 14% of work force since start of 2024 — laying off more than 19,000 employees
TeslaTesla(US:TSLA) New York Post·2024-06-24 16:22

Tesla has slashed 14% of its workforce so far this year as Elon Musk’s electric car maker has been hamstrung by increasingly fierce competition from Chinese EV firms as well as reduced demand for his products, according to a report.As of Friday, Tesla’s internal email list numbered 121,000 people — down from a global workforce of 140,473 as of Dec. 31 of last year, according to CNBC.The Comcast-owned financial news channel obtained an email written by Musk and addressed to “everybody” on Tesla’s payroll dat ...