An additional wave of layoffs are coming at electric-automobile maker Tesla Inc in the subsequent quarter, news web site Electrek claimed on Wednesday, citing a resource acquainted with the subject.

Tesla is also going to freeze employing, in accordance to the report. The enterprise did not quickly react to a Reuters request for remark.

Shares of Tesla rose 1% to $139.25 in investing prior to the bell.

The reported go comes at a time when Tesla investors have lifted considerations around Chief Government Elon Musk’s distraction with taking care of Twitter, the social media system he purchased for $44 billion in Oct.

What’s more, Tesla analysts have also slash their price tag targets on the inventory apprehensive that weakness in desire from China will weigh on the EV maker’s deliveries following yr.

Musk in June mentioned Tesla would lessen its salaried workforce by about 10% over the next 3 months.