Hyperdrive
Elon Musk Cuts Tesla Jobs for the Third Time Since Saying Never Again
- CEO to dismiss unspecified number of sales-force employees
- Carmaker shifting to online-only ordering, closing most stores
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Tesla Inc.’s Elon Musk is having a harder time keeping people employed than he bargained for eight months ago.
When the chief executive officer announced plans to dismiss about 9 percent of the electric-car maker’s workforce in June, he wrote in an internal memo that Tesla was “making this hard decision now so that we never have to do this again.”