Thread regarding Tesla layoffs

Tesla unveils latest move to offset demand slump as stock extends slide

Tesla CEO Elon Musk says the electric-car maker is facing an 'essential quandary.'

The group itself in fact hinted at pending U.S. layoffs last week amid reports that performance reviews for some employees have been canceled and managers have been asked to make a "binary" assessment of roles across the company.

https://www.thestreet.com/investing/stocks/tesla-unveils-latest-move-to-offset-demand-slump-as-stock-extends-slide

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