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Tesla's decision to cut 9% of its workforce is a sign the company's cash crunch is getting real

Business Insider
Tesla's decision to cut 9% of its workforce is a sign the company's cash crunch is getting real

The layoffs Tesla announced Tuesday shouldn't come as a surprise. Similarly, you shouldn't be shocked if the company makes other dramatic moves in the coming months. You see, Tesla CEO Elon Musk is caught in a kind of bind. His company is hemorrhaging cash as it has been struggling to ramp up