Tesla May Be Headed For Massive Layoffs As Woes Mount: Reports

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Tesla May Be Headed For Massive Layoffs As Woes Mount: Reports
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According to a new report, Tesla may see big cuts to its workforce as early as this week.

The first quarter and change of 2024 could not be more different from the same time last year for Tesla. In early 2023, it was riding high amid rapid-fire price cuts, handily outpacing new competitors in sales and leading what was supposed to be a tipping point for electric vehicle adoption. Of course, the pace of that growth slowed down later in the year, but Tesla's own woes have just continued to accelerate—and now the company may be facing cuts to its workforce as early as this week.

“The ante is risen quite a lot because you are dealing with no mistakes really,” Darren Naughton, an AA trainer, said during a visit in Birmingham. “It’s instant death on these systems.” Don't let 'instant death' scare you! The world needs more EV techs and you could have some long-term job security if you make that your path. Expect more coverage of this crucial issue on InsideEVs soon. 90%: UAW Targets Volkswagen, Mercedes-Benz In America Via Etsy: https://www.etsy.

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