Tesla is apparently planning large-scale layoffs. Managers were asked to evaluate the employees on their teams.
Arne Joswig, President of the Central Association of the German Motor Vehicle Industry (ZDK), expects a big discount battle. Carlos Tavares, head of Stellantis, which owns brands such as Opel, Fiat and Chrysler, has even warned of a “bloodbath” among manufacturers. Tesla is reportedly planning layoffs: price cuts should boost sales. One of the drivers for price reductions is Tesla.