Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team

CNBC

Summary

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Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla , impacting an estimated 500 employees in its Supercharger team.
CNBC
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Elon Musk took centre stage at Tesla's investor day in Texas, accompanied by 16 executives a little more than one year ago, who delivered comprehensive presentations on the company's technological advancements and expansion strategies.
ABP Live
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Musk in a recent email to senior managers outlined plans to lay off hundreds more employees, including two top executives, the Information reported.
CNA
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And recently in the tech world, more and more companies have been firing employees without any prior notice.
India Times

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updated 88:88

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