Tesla to cut 10% of salaried staff, Elon Musk says

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Tesla to cut 10% of salaried staff, Elon Musk says
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The Tesla CEO blamed the layoffs on growing too fast in some areas.

In a video Tuesday, he said the company grew a little too fast in some areas, so the layoffs are needed. But he said a year from now he expects their headcount to be higher than it is now, for both salaried and hourly workers.

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