Musk: Tesla to Cut Salaried Workforce by 10% in 3 Months

Tesla Inc. CEO Elon Musk discusses plans to reduce the company’s salaried workforce by “roughly 10% over the next, probably, three months or so,” while growing the hourly workforce. He speaks with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar Economic Forum. Qatar’s Ministry of Commerce and Industry, Qatar Investment Authority and Investment Promotion Agency Qatar are the underwriters of the Qatar Economic Forum, Powered by Bloomberg. Media City Qatar is the host organization.