Tesla Cuts Jobs in China; Sales Are Slow on Car Charging Concerns
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Tesla Motors Inc., the electric-car maker led by billionaire Elon Musk, said it’s cutting jobs in China after a local newspaper reported the company will reduce staff by 30 percent.
Tesla will eliminate some positions as it makes structural changes to its business in China, Gary Tao, a local spokesman for the carmaker, said Monday by phone. He said he didn’t know how many jobs will be affected. The Chinese newspaper Economic Observer reported earlier Tesla will eliminate 180 of the 600 positions at its China unit because sales haven’t met expectations.