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Elon Musk is going hardcore again

  • Elon Musk reportedly emailed Tesla staff announcing hundreds of layoffs and reiterating the need to be 'absolutely hard core' with cost cuts and staff reductions.
  • Musk called for the resignation of any exec who kept more than three direct reports who aren't stars.
  • Musk announced the departure of two executives at the company and additional job cuts.
  • Tesla reported an 8.7% year-over-year revenue drop for the first quarter.

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