<p>Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter.</p>.<p>Tesla is also going to freeze hiring, according to the report. The company did not immediately respond to a Reuters request for comment.</p>.<p>Shares of Tesla rose 1 per cent to $139.25 in trading before the bell. The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter, the social media platform he bought for $44 billion in October.</p>.<p>Moreover, Tesla analysts have also cut their price targets on the stock worried that weakness in demand from China will weigh on the EV maker's deliveries next year.</p>.<p>Musk in June said Tesla would reduce its salaried workforce by roughly 10% over the next three months.</p>
<p>Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter.</p>.<p>Tesla is also going to freeze hiring, according to the report. The company did not immediately respond to a Reuters request for comment.</p>.<p>Shares of Tesla rose 1 per cent to $139.25 in trading before the bell. The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter, the social media platform he bought for $44 billion in October.</p>.<p>Moreover, Tesla analysts have also cut their price targets on the stock worried that weakness in demand from China will weigh on the EV maker's deliveries next year.</p>.<p>Musk in June said Tesla would reduce its salaried workforce by roughly 10% over the next three months.</p>