Tesla shedding jobs in China as sales target missed
High-end electric vehicle maker Tesla Motors Inc on Monday said it is cutting jobs in China under a restructuring plan launched earlier this year, after missing a sales target in the world's biggest car market. Tesla declined to specify how many jobs would be cut, and did not comment on a report in the Economic Observer newspaper last week that it was eliminating 30 percent of its staff or about 180 of its 600 employees in China. Some positions are being eliminated while others are added, b
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