Tesla announces layoffs and plan to make more affordable vehicles

Tesla announces layoffs and plan to make more affordable vehicles – CBS News

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Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in after-hours trading Wednesday.

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