Tesla, Inc. - Tesla announced It would cut its full-time workforce by 7%

Time: Jan, 2019

Place: Palo Alto, California, U.S.

Details: In January 2019, Tesla announced it would cut its full-time workforce by 7% – equal to about 3,150 employees – in order to reduce the cost of the Model 3 from $44,000 to $35,000.

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