<ul><li>Tesla initiates another round of staff layoffs, affecting software, service, and engineering departments.</li><li>The decision comes amidst declining sales and increased competition in the electric vehicle market.</li><li>Tesla expects to incur expenses exceeding $350 million in Q2 due to the layoffs.</li><li>Despite setbacks, Tesla remains committed to innovation and plans to optimize operations in the automotive industry.</li></ul>

Tesla Lays Off Additional Staff, Includes Engineering, Software, and Service Departments

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