Musk tweets plans to slow Tesla supercharger growth

Josh Lipton and Akiko Fujita
22
In this article:

Tesla (TSLA) CEO Elon Musk took to Twitter to announce the company's plans to decelerate the expansion of its Supercharger network. According to reports, this strategic shift has prompted Tesla to implement layoffs within the division responsible for the Supercharger infrastructure.

Yahoo Finance's Pras Subramanian breaks down the details and provides insights into the company's move to reportedly cut "gigacasting" manufacturing as well.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith

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