Relevant Sources Said That Tesla China Is Still Recruiting A Lot Of People, And They Have Not Heard About Layoffs

Tesla CEO Elon Musk said in an email to executives last week that Tesla needs to lay off 10{9fa2ae831048424756faedea87f44870cd2ea6d09bcfab62eb5dabc6b233e172} of its workforce and plans to suspend global hiring due to poor economic conditions plan. As soon as the news came out, Tesla’s stock price fell more than 9{9fa2ae831048424756faedea87f44870cd2ea6d09bcfab62eb5dabc6b233e172}. Musk then responded on social platforms, saying,…

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Tesla’s Revenue In China Reached 13.844 Billion USD Last Year, A Year-on-year Increase Of 107.8{9fa2ae831048424756faedea87f44870cd2ea6d09bcfab62eb5dabc6b233e172}, And It Lost More Than $100 Million USD In Currency Speculation

Tesla’s 10-K annual report filed with the U.S. Securities and Exchange Commission (SEC) showed that Tesla’s revenue in the Chinese market in 2021 will reach $13.844 billion, a year-on-year increase of 107.8{9fa2ae831048424756faedea87f44870cd2ea6d09bcfab62eb5dabc6b233e172}. Global Sprout learned that Tesla’s revenue in the Chinese market in the first three quarters of last year was US$9.015 billion. Based on…

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