This was 10%. Nothing new. Musk has done this periodically, and it is a bit normal in some industries to periodically layoff 10%, the dead weight.
Well, lets see if the other EV makers get the hint. The market for EVs is declining and there is no profits to be made with them, and losses in revenue and assets are the only things to expect.
But, they keep listening to government edicts, so, losses will continue to mount for the whole EV market.
Sorry to hear about the Tesla decline, because, I like Musk, but then, he has to listen to the people and the people are not buying.
Analysts know NOTHING, just trying to earn a paycheck with clicks.
This way lousy sales don’t cut into Elon’s billions of dollars he rapes from the company to stuff in his own pockets