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Tesla Lays Off Thousands Of Workers

Mountain View, CA Patch

FREMONT, CA — Tesla founder and CEO Elon Musk announced Tuesday that the company will lay off nine percent of its work force in an effort to "reduce costs and become profitable." That equates to about 3,000 people, according to estimates. All of the cuts will be in salaried personnel, while associates involved in the production of the Tesla 3 will not be impacted. In fact, Musk made a point of saying that the company will continue to hire production workers to further ramp-up output of Model 3 electric cars. Musk released the memo that he wrote to employees on social media (see below), saying that it had already been leaked. The company founder reiterated that the goal of Tesla is nothing short