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Tesla plans 7 pct staff cut, says road ahead very difficult

Seattle Times Friday, 18 January 2019
Saying the road ahead was “very difficult,” Tesla’s CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent. The electric car and solar panel maker notified its employees about the staff cuts and other plans in an email posted on Tesla Inc.’s website. Musk said Tesla hopes to […]
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News video: Tesla Plans 7 Percent Staff Cut, Says Road Ahead 'Extremely Difficult'

▶ Tesla Plans 7 Percent Staff Cut, Says Road Ahead 'Extremely Difficult' 02:30

Bay Area-based electric car maker Tesla will cut seven percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Julie Watts reports. (1/18/19)

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