Tesla cuts 7% of its workforce to boost Model 3 production; Musk says 'very difficult' road ahead

Tesla cuts 7% of its workforce to boost Model 3 production; Musk says 'very difficult' road ahead

5 years ago
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https://www.cnbc.com/2019/01/18/tesla-to-cut-its-workforce-by-around-7-percent.html

Tesla is cutting its full-time staff headcount by approximately 7 percent, as it looks to ramp up production of its Model 3 sedans, CEO Elon Musk said Friday.

The job cuts come on the back of various cost-cutting measures the company has made of late, as it looks to boost margins and expand profitability.

Tesla cuts 7% of its workforce to boost Model 3 production; Musk says 'very difficult' road ahead

Jan 18, 2019, 11:16am UTC
https://www.cnbc.com/2019/01/18/tesla-to-cut-its-workforce-by-around-7-percent.html > Tesla is cutting its full-time staff headcount by approximately 7 percent, as it looks to ramp up production of its Model 3 sedans, CEO Elon Musk said Friday. > The job cuts come on the back of various cost-cutting measures the company has made of late, as it looks to boost margins and expand profitability.