in other news, tesla boss elon musk returned to a san francisco court on monday at a trial brought by investors who accused him of defrauding them. mr musk testified that he was sure he had backing from saudi financiers, when he tweeted back in 2018 that he had quote funding secured to take tesla private. the announcement sent its share price surging, but later fell when the buy out did not materialise. the swedish streaming music service spotify has announced it is cutting about 6% of its workforce. the company says it needs to cut costs as it faces an uncertain economic outlook. it is the latest tech company to announce layoffs. samira hussain has the details. spotify is the latest company to say it is cutting staff in an effort to cut cost. in a memo to employees, spotify boss
Elon Musk has given testimony in a trial over allegations of securities fraud. Here are 9 things we've learned about the Tesla boss and the "funding secured" tweet.