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Elon Musk sent Tesla employees a memo on Sunday announcing the EV maker is laying off more than 10% of its workforce globally. The Tesla CEO said in the memo that there has been a "duplication of roles and job functions in certain areas" as the company has grown rapidly.

Elon Musk sent Tesla employees a memo on Sunday announcing the EV maker is laying off more than 10% of its workforce globally.

The Tesla CEO said in the memo that there has been a "duplication of roles and job functions in certain areas" as the company has grown rapidly.

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Jensen Huang has added about $93 billion to his net worth in under 18 months, leaving him just three spots away from breaking into the ranks of the world's 10 wealthiest people. The Nvidia cofounder and CEO's 3.5% stake in his company was worth less than $14 billion at the start of last year. With a fortune of that size now he'd barely crack the top 150. Since then, Nvidia stock has skyrocketed from below $150 to north of $1,200 an increase of more than 700%. The chipmaker's market capitalization just passed $3 trillion for the first time, leapfrogging Apple to become the world's second-largest public company after Microsoft ($3.15 trillion). Huang now ranks 13th on Bloomberg's rich list with a $107 billion fortune. Only Michael Dell ($109 billion), Mukesh Ambani ($109 billion), and Warren Buffett ($135 billion) stand between him and a top 10 spot. 👉 HURRY 🚨Only for first 5 person FREE 10 USDT💸💰
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Nvidia surged 5% on Wednesday to become the second-most-valuable company in the world, surpassing Apple. The stock closed at $1,224.40 per share, giving it a market valuation of $3.014 trillion. The ongoing artificial intelligence boom has catapulted Nvidia's market valuation to the $3 trillion club as mega-cap tech companies like Meta Platforms, Alphabet, Amazon, and Microsoft rush to buy the company's supply-constrained Al-enabling GPU chips. Nvidia's valuation was just above $950 billion a year-ago and was about $400 billion in November 2022 when OpenAl first released ChatGPT to the public. 👉CLICK HERE TO GET FREE BTC 💲💸😎
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