The Tesla boss Musk is reacting to the slump in the electric car market with radical staff cuts. The German location in Grünheide is hit hard.

Around 3,000 of the 12,500 employees at the Gigafactory Berlin-Brandenburg are expected to lose their jobs. The US portal Electrek, which specializes in news about electromobility, was the first to report on it, but spoke of up to 28,000 employees who could lose their jobs. The company decided to reduce the number of jobs by more than ten percent after a thorough review of costs and productivity, it said. “This will make us lean, innovative, and hungry for the next phase of growth, ” Musk said in an internal email to employees. He added: "There is nothing I hate more, but it has to be done."