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Apr 26, 2024, 8:29 PM
Apr 24, 2024, 9:32 PM
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Tesla to lay off 693 employees in Nevada

Fremont city in Alameda County, California, United States Palo Alto city in Santa Clara County, California, United States
Highlights
  • Tesla plans to lay off 693 employees in Nevada as part of its mass layoffs.
  • This move comes after Tesla's first quarter profit plunged 55% due to increased competition in the electric vehicle market.
  • The layoffs are expected to impact not only the employees but also the company's operations and future performance.

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