TESLA’S COST-CUTTING LAYOFFS AND MORE THIS WEEK IN CAR NEWS

IF THE DENIZENS of the tech world are grumpy about spending the energy reserves they built up over the holidays to survive CES, they should try working in the auto industry. For the folks creating and covering the future of cars, the Vegas show is merely the nose-bloodying jab that sets up the jaw-clacking undercut: the North American International Auto Show in Detroit.

Both shows, however, were unusually quiet this year, at least compared to the overhyped displays of the recent past. Because while major changes are on the horizon, other problems are already within firing range. The auto industry is hunkering down amid predictions of slowing sales: GM and Ford are reworking their lineups to suit American tastes. And Tesla, coming off a terrific 2018, just announced it’s laying off 7 percent of its full-time staff and making other cuts to rein in costs.

 

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