The EV market is in trouble: The latest sign is Tesla's layoffs
Briefly

The situation at Tesla is serious with problems in product quality, sales, executive turnover, and profitability, despite still leading in EV sales compared to other automakers.
Elon Musk announced layoffs to seek cost reductions and higher productivity, as Tesla faces pressure due to challenges in the electric vehicle market and competition from other brands.
Read at Los Angeles Times
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