Tesla to cut nine per cent of workforce in search of profitability

Madeleine Cuff
clock • 2 min read

Company-wide restructure will slim staff numbers but not affect Model 3 production rates, says founder Elon Musk

Electric car giant Tesla is letting go of nine per cent of its workforce, in a major restructuring designed to get the firm on track to become "sustainably profitable". Announcing the plans this week,...

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