Tesla lays off more than 10% of its workforce - BBC News

Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount.

17 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Shiona McCallumTechnology reporterTesla will lay off more than 10% of its global electric vehicle workforce.

In a memo, first reported by news website Electrek, billionaire owner Elon Musk told staff there was nothing he hated more, "but it must be done".

The world's largest auto-maker by market value had 140,473 employees globally as of December, according to its latest annual report.

Tesla has not responded to the BBC's request for comment.

"We have done a thorough review of the organisation and made the difficult decision to reduce our headcount by more than 10% globally," said the email from Mr Musk.

https://www.bbc.co.uk/news/technology-68818113

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