Drew Baglino, a top VP who played a key role in the company’s rise, has resigned. Tesla is also laying off 14,000 workers due to declining sales. As investors question Elon Musk’s focus, its share price has lost one-third of its value.
Tesla Will Lay Off More Than 10% of Workers
Along with the departure of two senior executives, the cuts added to signs of turmoil at the electric car company.
www.nytimes.com
Tesla Will Lay Off More Than 10% of Workers
Along with the departure of two senior executives, the cuts added to signs of turmoil at the electric car company.
www.nytimes.com