Tesla Stocks have plummeted 64% since Musk announced his 9% stock in Twitter on April 4.
Elon Musk’s electric automaker Tesla is reportedly planning to implement a hiring freeze and conduct a round of layoffs in the next fiscal quarter, sources toldWednesday morning, as the company’s stock tumbles while Musk comes under fire for his handling of Twitter.AFP via Getty ImagesCompany officials reportedly informed employees about the hiring freeze and layoffs set to start in the fiscal quarter starting next month, according to a source familiar with the move.
The wave of layoffs would be the second in recent months for the Austin, Texas-based automaker, after Musk reportedly said he wanted to
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