Tesla announces 10% layoff; Could TSLA stock crash this week?

Electric vehicle manufacturer Tesla (NASDAQ: TSLA) has announced plans to lay off a section of its staff as the company grapples with a broader slowdown in the EV market segment.Following rumors of an impending layoff, CEO Elon Musk, in a company-wide email, revealed that the company has decided to lay off at least 10% of its global workforce, totalling about 14,000 employees.In the email shared by Tsla Chan, a Tesla News X (formerly Twitter) account on April 15, Musk pointed out that the layoffs are part o ...