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Tesla's Workforce Reduction Amid Sales Struggles
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Tesla, under CEO Elon Musk's direction, plans to lay off over 10% of its global workforce, totaling about 14,000 employees, to address declining sales and enhance productivity. This decision follows challenges in the electric vehicle market and competition, with key executives also leaving the company.
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How might the layoffs impact Tesla's future innovation and market standing?
What implications do Tesla's actions have on the broader electric vehicle industry and sustainable transportation initiatives?
What strategies could Tesla implement to reverse its sales decline?
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