• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Talk Vietnam

All About Vietnam

  • Home
  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story
  • Show Search
Hide Search

You are here: Home / Tesla to cut 9pc of staff, says layoffs won’t affect Model 3 production

Tesla to cut 9pc of staff, says layoffs won’t affect Model 3 production

· June 12, 2018 ·

Electric car manufacturer Tesla Motors announced on Tuesday (Jun 12) it was cutting nine per cent of its workforce to enhance profitability but said the move would not affect an ambitious production ramp-up of its Model 3 sedan. Tesla to cut 9pc of staff, says layoffs won’t affect Model 3 production, (AFP Photo/Johannes Eisele) The job cuts are part of a company-wide restructuring to address excess staff in some areas due to the company’s speedy growth, Tesla chief Elon Musk said in an email to employees. The cuts concern salaried staff but not production workers and will not affect Model 3 output targets, said Musk, who characterized the downsizing as an acknowledgement of the need to focus more on costs. “Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us,” Musk said in the message. “What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable,” Musk added. “That is a valid and fair criticism of Tesla’s history to date.” The layoff affects almost… Read full this story

  • Apple restructures its Project Titan self-driving car group, cutting 200+ staff
  • Tesla Cuts Price of $35K Model 3, Somehow It Still Costs $42,900
  • Tesla cuts US car prices following record production in Q4 2018
  • Tesla releases a video showing us how a Model 3 gets made
  • Tesla is rolling out "Track Mode" update for Model 3 Performance
  • Tesla Shutters Stores So You Can Buy a Model 3 for $35K
  • Tesla Cuts Standard-Range Model S, X; Cuts Price on Model 3
  • Tesla cuts dozens of sales staff as it moves to online-only format, report says
  • Tesla cuts prices and simplifies its product line
  • Tesla cutting 7 percent of workforce, says Elon Musk
Tesla to cut 9pc of staff, says layoffs won't affect Model 3 production have 320 words, post on www.vir.com.vn at June 12, 2018. This is cached page on Talk Vietnam. If you want remove this page, please contact us.

Filed Under: Corporate Tesla, Electric car, Corporate, just say you won't let go, when microsoft word says unlicensed product, say you won't let go, say u won't let go lyrics, say you won't let go chords, say you won't let go james arthur lyrics, when was say you won't let go written, model question paper for staff nurse exam 2010, model 3 tesla how much, autopilot tesla model 3, suggest possible reasons for how temperature affects pigment production, cut at corner of mouth won't heal, cut at side of mouth won't heal, tesla s model 0-100, to say you won't let go, embattled tesla fires 400 staff, tesla model x how much does it cost, say to won't let go, ontostep enriching product model data using ontologies, amundi to cut asia staff, tesla model x criticism, cost cutting without layoffs, nikola tesla how do you say, tesla model x zimbabwe, high mileage tesla model 3, tesla model x autonomous car, model s tesla 2019

Primary Sidebar

RSS Latest News

  • Energy Capital Vietnam’s LNG project added to Vietnam power planning
  • Haiphong to have billion-dollar LNG projects
  • Market ends mixed, VN-Index recovers from morning loss
  • Quyet wins Golden Ball 2020
  • Biden unveils $1.9 tn economic plan as US recovery buckles

Sponsored Links

  • BUSINESS NEWS OCTOBER 12
  • Announcement of Party Central Committee’s 11th plenum
  • ATF U14 & Under Junior Series – Grade A kicks off in Da Nang
  • Int’l expo displays fertilizers, plant protection products
  • BUSINESS NEWS OCTOBER 11
  • Nearly 700 businesses attend exhibitions of leather and footwear sector
Copyright © 2021 Talk Vietnam. Power by Wordpress.