EV Leader Tesla Cuts 7% of Workforce, and Elon Musk Sees ‘Very Difficult’ Road Ahead

CNBC

Tesla is cutting its full-time staff by about 7 percent at the same time the company continues to ramp up production of the Model 3 sedan, CEO Elon Musk said Friday. He said the company faces a “very difficult” road in its goal to sell affordable renewable energy products and compete against more established companies.

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