HomeEconomyTesla will cut more...

Tesla will cut more than 10% of its workforce

Photo: Getty Images

The company is preparing for the next phase of growth, and in this context, it is important to review every aspect of it to reduce costs and improve productivity, Musk said in the letter.

The American company Tesla will cut more than 10% of its staff. Electrek reports this in connection with a letter from the head of the company, Elon Musk, to employees.

The automaker will lay off at least 14 thousand people.

“We have been growing rapidly over the years, with several factories expanding around the world. Along with this rapid growth, there has been a duplication of roles and responsibilities in some areas. We are preparing the company for next phase of growth, and in this context, it is very important to study every aspect of it in order to reduce costs and increase productivity,” the letter said.

We remind you that the capitalization of the American electric vehicle manufacturer Tesla decreased by 2.3%, to $553 billion, which is why the company dropped to 11th place in the list of the most valuable companies in the United States.

It has also been reported that American automaker Tesla plans to build a Powerwall energy storage facility in India.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Armored-C1 and three helicopters died as a result

At night on June 28, SBU drones attacked the Kirovsky military airfield in temporarily occupied Crimea. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } This was reported on the press...

The Russian Federation will be reconstructed in the scanks of the T-62 from not

Large irreversible losses of weapons and military equipment during the war against Ukraine force Russia to resort to massive reconciliation of obsolete military vehicles. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

During the attack of Iran on Izrail USA, 15% of the stones of the Amal stones Thaad Rockkets were accelerated

The United States spent 15–20% of their world missiles in Taada in just 11 days, protecting Israel from Iranian missiles. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } This was...

BBC shots in Germany crossed Russian independent landing

On the morning of June 27, when Bilda became known, German fighters rose to intercept the Russian IL-20 m reconnaissance aircraft, which flew out of Kaliningrad without a flight plan and a distinctive signal. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22...

Lettl is something new: a blow to a teenager Dnipra is quoted in the air forces

The military -air forces commented on the Dnieper blow on the afternoon of June 28. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On Saturday, monitoring channels reported a hit...