High - end electric
vehicle maker Tesla Motors Inc (TSLA) said Monday it is cutting jobs in China under a restructuring plan launched earlier this year, after
missing a sales target in the world's biggest car market.
One might recall that the California - based electric car
maker reported an unremarkable 260 Model 3
vehicles produced and 220 delivered in the third quarter, citing «manufacturing bottlenecks» as the reason for
missing its original guidance of 1,500 Model units produced by the end of September.