Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem

Investor worries about a potential dip in demand for Tesla’s electric vehicles have been amplified by the company’s recent decision to cut jobs. Elon Musk, CEO of Tesla, recently announced a 7% reduction in full-time employee headcount to cut down costs. This news sheds light on several implications including:

1. Cash Flow Concerns: While plenty of customers are buying Tesla’s products, keeping up the production cost is another challenge. Job cuts may signal an attempt to control spending and maintain Tesla