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Tesla To Lay Off 693 Employees In Nevada

The Tesla logo is seen on a car in Los Angeles

Tesla, the electric vehicle manufacturer, is set to lay off 693 employees at its facility in Nevada, according to a notice filed with the state government. The notice did not specify the reasons behind the layoffs, but it indicated that they are expected to be permanent.

The affected employees are spread across various roles at Tesla's Gigafactory located in Storey County, Nevada. The company has stated that the layoffs are part of its ongoing efforts to streamline operations and improve efficiency.

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