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Tesla to cut workforce by 7 percent while it ramps up Model 3 production

Updated : January 18, 2019 04:09 PM IST

The company said it would reduce full-time employee headcount by about 7 percent and retain only the most critical temps and contractors.
Earlier this month, Tesla cut US prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan.
Tesla to cut workforce by 7 percent while it ramps up Model 3 production
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