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Tesla to cut 14,000 jobs as Elon Musk bids to make it 'lean, innovative and hungry'
Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affected
Musk wrote that Tesla had grown rapidly in recent years and that as a result there had been “duplication of roles and job functions in certain areas”. Musk dismissed comments that his divisive persona had caused a downturn in sales and pointed to similarly poor figures from the Chinese rival BYD, saying it was a “tough quarter for everyone”. Tesla has manufacturing sites in California, Nevada, Texas and New York in the US as well as plants in Germany and China.
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