Tesla to cut workers by 10% 'to be lean and innovative'
Daily Express|April 16, 2024
ELECTRIC car maker Tesla is gearing up to slash at least 14,000 staff amid a sales slowdown.
Graham Hiscott
Tesla to cut workers by 10% 'to be lean and innovative'

Reports say the US giant, led by billionaire Elon Musk, aims to axe one in 10 workers worldwide. It is not yet known where the cuts will take place.

Mr Musk told employees in a leaked memo: "We have done a thorough review of the organisation and made the difficult decision to reduce our headcount by more than 10% globally." He added: "There is nothing I hate more, but it must be done."

The email was first reported by industry publication Electrek."

This story is from the April 16, 2024 edition of Daily Express.

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This story is from the April 16, 2024 edition of Daily Express.

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