Tesla Cuts 3,150 Jobs, First Major Auto Cut Of 2019
from Challenger Gray and Christmas
This morning, Tesla announced it would cut 7 percent of the workforce, or 3,150 jobs, in order to reduce expenses for its Model 3 production. In a note posted online, the company also stated it would keep only the most critical contractors and temporary workers and cited expiring tax credits that will make their most affordable vehicle more expensive.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201901181143
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