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I am not a fan of #ElonMusk, but I do not like seeing this happen to #Tesla, as it will have a ripple effect on the Electric Vehicle market.

#Layoffs will affect about 14,000 people.

👉🏾 Tesla to Cut Over 10% of Its Global Workforce, Electrek Reports https://www.bloomberg.com/news/articles/2024-04-15/tesla-to-cut-over-10-of-its-global-workforce-electrek-reports

in reply to Darnell Clayton :verified:

Tesla asked their Taiwanese vendors to move their production out of Taiwan, mainly to America, which will inevitably increase the cost, because Musk thinks "Taiwan is too risky for their supply chain."
in reply to Darnell Clayton :verified:

They can't otherwise the orders will be given to the others. "Moving the production out of Taiwan" is ongoing at the worst timing in my opinion.