Tesla layoffs to save $1 billion annually, Elon Musk calls it 'necessary for next phase of growth' Elon Musk-owned Tesla, which recently announced layoffs of some 14,000 workers, has also undertaken a recall of its Cybertruck due to an acceleration problem. The company's Q1 profits fall 55%.
Tesla layoffs to save $1 billion annually, Elon Musk calls it 'necessary for next phase of growth'
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