Electric vehicle giant Tesla (NASDAQ:TSLA) is laying off some battery production workers at its Shanghai plant in China amid the ongoing price war in the electric vehicle space, Bloomberg reported citing people familiar with the matter.
Tesla (TSLA) started notifying some workers on the battery assembly lines about the layoffs earlier this week, although the number of employees being laid off, or the reason why, remain unclear. Some employees have been given the option to transfer to another workshop.
Automation equipment that could replace human labor on the battery production line is being designed, the report added citing a source.
The Shanghai gigafactory employs around 20,000 workers, including those in assembly lines building the top-selling Model Y and Model 3. The factory is capable of pushing out about 1 million cars a year.
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