Tesla plans a new wave of layoffs – media
- December 22, 2022
- 0
Tesla, which is owned by Elon Musk and produces and sells electric cars, is planning a new wave of layoffs. As reported by Ukrinform, this was reported by
Tesla, which is owned by Elon Musk and produces and sells electric cars, is planning a new wave of layoffs.
As reported by Ukrinform, this was reported by Electrek.
According to the interlocutors of the publication, a new wave of layoffs will occur in the first quarter of 2023. The company also plans not to hire new staff on a temporary basis.
It’s not entirely clear how significant this hiring freeze will be, as Tesla still plans to expand production.
It was noted that although the company’s financial indicators hit new records almost every quarter, this news emerged against the background of information about the decline in Tesla shares this year.
As reported by Ukrinform, last week Tesla CEO Elon Musk sold another 22 million shares of its electric car manufacturing business, worth about $3.6 billion.
Source: Ukrinform
I’m Maurice Knox, a professional news writer with a focus on science. I work for Div Bracket. My articles cover everything from the latest scientific breakthroughs to advances in technology and medicine. I have a passion for understanding the world around us and helping people stay informed about important developments in science and beyond.
