Tesla Sued for Employee Layoffs. Musk Calls Suit Trivial.

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Employees laid off by Tesla have sued in response, giving investors in the electric-vehicle company one more issue to worry about.

Employment has been on the mind of Tesla (ticker: TSLA) investors since early June, when Reuters reported on an email from CEO Elon Musk saying he had a “super bad feeling” about the economy. His plan to ride out the economic storm was to cut staff to lower costs.