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Tesla plans to implement further job cuts beyond the recent layoff of over 10 percent of its workforce as part of its cost-cutting measures amid challenges in the electric vehicle market, according to a report by US media. Elon Musk, CEO of Tesla, expressed a commitment to stringent headcount and cost reduction in an email, targeting executives who retain staff not meeting high standards.
The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
"All U.S. cars that are capable of FSD will be enabled for a one-month trial this week," Musk said in a post on social media platform X.
Will Tesla stock fall 33%, or expand massively in Italy?
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