Elon Musk’s Tesla is bracing for a major round of layoffs after an industry website reported looming cuts, citing an email to staff from the state-of-the art electric car firm’s billionaire founder and chief executive.
Electrek reported that more than 10% of Tesla’s global workforce could go, after the firm has been preparing for a reduction in headcount for months. The news site said that the cuts could even reach a fifth of Tesla’s staff. Electrek quoted the email as saying:
