CNBC reported Friday that Tesla will be laying off up to half of it’s sales and delivery staff, this comes on the heels of other layoffs reported earlier in the week. Salaried employees are looking at pay cuts of 10% to 30%.
In other news, Elon’s brother Kimball appears to have pulled a switcheroo on his employees “emergency fund” for his Nextdoor Restaurant chain, pulling the plug on the fund right before he laid off 100 workers.