Sjo/iStock(NEW YORK) — In an effort to cut costs as it gears up to produce more affordable Model 3 sedans, Tesla announced on Friday it will be cutting approximately 7 percent of its full-time staff. Tesla CEO Elon Musk explained the decision to employees in an email. While noting quarterly figures, Musk said the profits …
Jan 18
Tesla to cut 7% of its workforce as it focuses on more affordable vehicles
