Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Illustration of a Tesla charging station for electric vehicles in a shopping area. France, Montauban, November 9, 2023. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

  • Product Code
  • ILEA002577355
  • Registered date
  • 2023/11/09 00:00:00
  • Credit
  • Abaca Press / Kyodo News Images
  • Media source
  • Huchot-Boissier Patricia/ABACA
  • Media size
  • 7623 × 5073 pixel
  • Resolution
  • 300 dpi
  • Deployment size
  • 3.25(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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