Elon Musk's Tesla finally lays off 15,000 people, 10% of its global workforce, confirming the rumours. Earlier, Tesla layoffs were expected to begin at the Austin Gigafactory and Fremont factories. However, the company has announced that it is cutting the global workforce due to the duplication of work and functions in certain areas and for growth of the company. According to the report by Hindustan Times, Tesla CEO Elon Musk emailed the employees about reducing the cost and increasing productivity. The tech billionaire told the employees in an email that it was a difficult decision to lay off the employees. He wrote, "There is nothing I hate more, but it must be done". Tesla Considering Layoffs? Employees Fear Job Cuts at Austin Gigafactory and Fremont Factory.

Elon Musk's Tesla Lays Off 15,000 People:

Tesla Cuts 10% of Global Workforce: 

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