Tesla asks shareholders to vote again on Musk's $56 billion payout
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Tesla to cut around 15,000 jobs under Musk drive for 'productivity' - reports
Tesla is cutting 10% of its global workforce in a bid to reduce costs and bolster productivity, it has been reported. The electric vehicle maker, founded and run by Elon Musk, was yet to comment on a story earlier on Monday by Electrek that it was to axe about 15,000 personnel. The tech publication said the cuts were revealed in an internal memo - also seen by the Reuters news agency. It added that managers had been tasked earlier this year with identifying key personnel. The company, which had...
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Tesla asks shareholders to back $56 billion pay deal for Elon Musk rejected by judge
The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37% so far in 2024.
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