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Elon Musk Talks at Tesla Q1 2024 Financial Results and Q&A Webcast
Published 1 year, 11 months ago
Description
Tesla is set to reduce its workforce significantly in both Texas and California, impacting over 6,000 employees as the company navigates through a challenging phase of slowing demand and decreased profit margins. This announcement precedes the electric vehicle manufacturer's quarterly financial results, during which CEO Elon Musk is expected to present a strategic plan for the company.