Elon Musk explains Tesla strategy behind layoffs as executives depart

Tesla CEO Elon Musk said the company has to “reorganize and streamline the company for the next phase of growth” every five years after at least 10 percent of its global workforce was trimmed, and two key executives left the automaker on Monday. Tesla has been preparing to enter a new phase of growth within … Continue reading Elon Musk explains Tesla strategy behind layoffs as executives depart