There will be further layoffs at electric vehicle manufacturer Tesla Inc (TSLA.O) in the upcoming quarter. According to the article, Tesla would also halt hiring.
The rumoured action coincides with Tesla shareholders raising worries over Chief Executive Elon Musk’s diversion with running Twitter, the social media firm he paid $44 billion for in October.
Tesla will cut its paid employees by around 10% over the next three months, according to Musk’s June statement.
