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Tesla-Heavy ETFs Affected by Latest Reorganization Measures

Tesla told 9 percent of its 46,000-employee workforce on Tuesday that it will cut salaried positions in a reorganization measure that will affect 4,100 jobs. These cuts came after the Palo Alto, California-based company added 8,000 jobs at the start of the year. The cuts were looming as Tesla CEO Elon Musk warned employees in [...] Read more on ETFtrends.com.

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This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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