Tesla Shares Gained 2.7% in Premarket Trading

Tiger Newspress2022-06-21

Tesla shares gained 2.7% in premarket trading after Musk said Tesla to cut salaried workforce by 10% over next 3 months.

Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday.

The cuts would amount to about a 3.5% reduction in total headcount at the company, Musk said at the Qatar Economic Forum organised by Bloomberg.

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Cheryi
2022-06-21
Cheryi
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