"Tesla Employees on Edge as Elon Musk Considers Staff Cuts"

Tesla's production outstripping demand has led to concerns about job cuts, with Elon Musk reportedly quizzing managers on which staff could be fired. The company is facing short-term challenges due to price cuts and slower demand in the EV market, prompting a need to trim costs. Despite rising EV sales, a supply glut has impacted demand, and Tesla's annual cash outlays for new plants and equipment are increasing. With limited scope to drive down costs in other areas, the focus may shift to human resources. The company's deep vertical integration and heavy investments in future AI fields may not yield meaningful commercial sales soon, necessitating potential staff reductions.