Tesla announced the dismissal of employees
2022.12.22 07:03
Tesla announced the dismissal of employees
Budrigannews.com – According to a source familiar with the situation, the news website Electrek reported on Wednesday that the electric car manufacturer Tesla Inc. (TSLA.O) will undergo yet another round of layoffs during the subsequent quarter.
The report also states that Tesla will stop hiring. Reuters inquired for information, but the company did not immediately respond.
Before the bell, Tesla shares rose 1% to $139.25 in trading.
Investors in Tesla have expressed concern about Chief Executive Elon Musk’s distraction from managing Twitter, the social media platform he purchased for $44 billion in October. The rumored move comes at the same time.
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In addition, Tesla analysts have lowered their stock price targets because they are concerned that the company’s deliveries will suffer as a result of lower demand from China in the coming year. read more In June, Musk said that Tesla would cut its salaried staff by about 10% in the next three months.
