Tesla Inc.’s job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto market.
New layoffs hit Tesla’s China operations amidst fierce competition. Tom Zhu’s return signals strategic shift in Tesla’s China business. Loading... Loading ...
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Additional layoffs began earlier this week, extending cuts in mid-April that were part of the electric vehicle maker’s pledge to slash global headcount by more than 10 per cent, said the people ...
(Bloomberg) — Tesla Inc.’s job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto ...