Tesla to lay off over 10pc of staff as sales fall

By Yuvraj Malik, Victoria Waldersee, Zhang Yan and Hyunjoo Jin
Updated April 15 2024 - 9:55pm, first published 9:52pm
Tesla is braced for a slowdown in 2024 after years of rapid sales growth. (AP PHOTO)
Tesla is braced for a slowdown in 2024 after years of rapid sales growth. (AP PHOTO)

Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters shows, as it grapples with falling sales amid an intensifying price war for electric vehicles.

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