Tesla dismissed 700 employees

The American manufacturer of electromobiles Tesla has dismissed about 700 employees. Dismissals are related to the results of the annual audit, and as abbreviated employees themselves noted, no one in advance warned about future changes. There were both managers and engineers among the dismissed workers who were working on the production of the new model Tesla Model X and Model S. The company itself has confirmed the news about the reductions and explained its action by the annual optimization of personnel.

Tesla's shares fell by 8% in the last month and will continue to decline on today's news. The trade will be available during the American session, from 13:40 to 20:00 (GMT).

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