‘There is nothing I hate more’: Elon Musk reportedly indicates Tesla is slashing its workforce ‘by more than 10% globally’

Elon Musk has reportedly indicated that Tesla will slash more than 10% of its workers.

“Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity,” Musk noted in a message to employees, according to CNBC.

“As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally. There is nothing I hate more, but it must be done. This will enable

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