Tesla to slash global workforce more than 10% as it faces price war: 'Difficult decision'

Tesla is laying off more than 10% of its global workforce — a move CEO Elon Musk called a “difficult decision” for the company as it grapples withfallingsalesamid an intensifying price war for electric vehicles. The layoffs were annnounced in an internal memo sent to Tesla’s global employees. Per the company’s latest annual report, it...