Tesla-owned SolarCity fired 20% of its employees in 2016
Solar panel-making company SolarCity, which was acquired by Elon Musk-led Tesla last year, had fired 20% of its employees in 2016. SolarCity said it had 12,243 employees at the end of 2016, down from the 15,273 it reported a year earlier. SolarCity had announced job cuts before being acquired by Tesla in a $2.6 billion deal.