Tesla CEO Elon Musk wanted the automaker to slash its workforce by 20% to match the reduction in vehicle deliveries between 4Q23 and 1Q24, Bloomberg’s Edward Ludlow and Dana Hull report, citing a person familiar with the matter. Tesla reported earlier this month it delivered 386,810 cars in Q1, a 20.1% drop from the previous quarter, the company’s lowest quarterly performance since 2022.
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