News  |  Business  

Tesla announces it will lay off 7 percent of its workforce

By DW   |   20 January 2019   |   3:08 pm  
CEO Elon Musk said that the electric car maker plans to cut roughly 3,000 jobs, prompting another sharp dip in share prices. Tesla is struggling in the US as the government rolls back a tax credit for buyers.

You may also like