TESLA
Elon Musk dismisses 9% of its employees
No ... it's not April 1st! In a letter sent Tuesday to his co-workers, Elon Musk has revealed that he will lay off 9% of his employees.At a time when everything seems to go well with the electric vehicle manufacturer, here comes a "bombshell." According to the letter sent by Elon Musk to its employees, the CEO of Tesla announced that 9% of employees will be dismissed. The objective is to reduce costs and save the company, according to what has been revealed.According to Tesla's own data, the company currently has 46,000 people, and with this cut 4100 employees will be dismissed.Musk also reveals that in the production sector there will be no cut, and the production of Model 3 is not in question. Tesla recently revealed that it aims to achieve a production volume of 5,000 Model 3 cars per week by the end of June.Interestingly investors are receiving this news well, with Tesla shares appreciating 2.5% to $ 341.28.
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