TechCrunch Minute: Why Tesla’s big layoffs happened, and what comes next

TechCrunch
By Alex WilhelmApr 16, 2024, 12:00 pm76 pts
Tesla’s layoffs and executive departures took a bite out its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 staff or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost…

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