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Tesla to Lay Off Over 10% of Global Workforce
Shares of Tesla Motors are muted in the early premarket trading hours in New York after a report from the EV blog Electrek cited an "internal company-wide email" detailing layoffs at the EV company amounting to more than 10% of its global workforce. Electrek alleges that Elon Musk sent an email to staff explaining a "duplication of roles and job functions in certain areas" as the main reason for the layoffs, which could affect as many as 14,000 employees. Here's the full text of the email (courtesy of Electrek): Over the years,…
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