Tesla announces to its employees that it will reduce its global workforce – El Sol de México

tesla will fire some 15 thousand peoplemore than 10 percent of your workforceaccording to an email sent to the entire company by its CEO, Elon Musk, reported this Monday the Electrek website.

In his message to the Tesla employeesMusk indicates that in preparation for the “next phase of growth“, it is important that the maker of electric cars I searched “cost reductions and increased productivity“.

“As part of this effort, we have conducted a thorough review of the organization and made the difficult decision to reduce staff by more than 10% globally“Musk added.

The announcement comes just days after tesla announce that Its sales fell 8.5 percent in the first quarter of the year, a period in which company shares they lost almost a 30 percent of its value.

tesla will announce the results financial from the first quarter to the next April 23rd.

In recent weeks, the company also has reduced its prices in North America significantly for stimulate demand and reduce your vehicle inventory.

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The analysts of the sector indicate that the period of rapid growth that has characterized Tesla in recent years has come to an end with the increased competition by traditional manufacturersthe difficulties in reducing costs and the sharp increase in electric vehicle production of chinese companies.

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