Tesla Braces for Major Layoffs Amid Production Slowdown and Economic Concerns
- Tesla rumored to be preparing massive layoffs, possibly up to 20% of workforce (tens of thousands of employees)
- Layoff rumors come after Tesla had disappointing Q4 deliveries, growing inventory, and production slowdowns
- Tesla recently cut shifts at Gigafactory Texas Cybertruck plant
- Layoffs would follow other big tech companies announcing job cuts
- Comes amid Musk's concerns about the global economy; Tesla slowing things down
