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Elon Musk Tells Tesla Staff Only Salaried Jobs to Be Cut: Report

  • Hourly workforce to be expanded, according to internal email
  • Potential cuts surprise Wall Street, draw scorn from Biden
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Elon Musk told Tesla Inc. employees that 10% of salaried workers would lose their jobs, according to people familiar with the matter, as the automaker grapples with the consequences of a swelling workforce.

The chief executive officer said in an internal email Friday that headcount would be reduced because Tesla has become overstaffed in some areas, according to the people, who received the memo and asked not to be identified discussing the details.