Tesla Plans 10% Workforce Cut, Anticipates 3% Drop in Deliveries; Musk Comments on AI

Tesla Inc. is planning a 10% reduction in its workforce due to a slowdown in business, with anticipated delivery declines of around 3% this year, contrary to the expected 5% growth. Elon Musk emphasized the need for organizational restructuring approximately every five years to streamline the company for future growth phases. Additionally, Musk commented on artificial intelligence, highlighting the importance of AI being truthful and acknowledging the slight risk it poses to humanity.