Tesla announces 7 percent cut to workforce
Tesla is cutting seven percent of its workforce (AFP Photo/Guus Schoonewille)/ Washington (AFP) - Elon Musk's electric car manufacturer Tesla announced Friday it is cutting its workforce by about seven percent as it works to meet its timetable for producing the Model 3. Musk said in a blog post that Tesla is making the staff cut as it aims to reach more customers who can afford its vehicles. He said that currently Tesla's most affordable offering is the mid-range (264 mile) Model 3 at $44,000. "The need for a lower priced variants of Model ...
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