Tesla reportedly plans more layoffs as the company’s stock tanks

Dec 21 2022 by Engadget

Tesla is reportedly planning more layoffs and another hiring freeze. According to an Electrek source, the company has halted hiring for the time being and teams will need to lay some people off in the first quarter of 2023.

The extent of the layoffs and hiring freeze are not yet clear. However, Tesla is trying to increase headcount at its manufacturing plants. Reports have suggested the company will announce plans to build another Gigafactory in Mexico in the coming days. Tesla does not have...

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