In the News
Tesla announces a 10% cut in their workforce
Graham Watson
16th April 2024
Tesla has announced 14,000 redundancies, arguing that it needs to reduce costs to remain competitive in a sector where Chinese companies are increasingly significant players.
You might think about how this would affect the company's costs curves, and the profit-maximising output for the company.
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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