April 23 (Reuters) - Tesla said it will lay off

2,688 employees at its Texas facility ahead of its quarterly

results on Tuesday when CEO Elon Musk is expected to outline the

electric-vehicle maker's strategy to combat slowing demand and

falling margins.

Last week, Tesla announced a more than 10% cut in its global

workforce under pressure from dropping sales and an intensifying

price war among EV makers, without revealing the number of

employees the job cuts would impact.

Some numbers were disclosed in a notice to the state of

Texas on Monday under a U.S. labor law that requires companies

with 100 or more employees to notify 60 days ahead of planned

closings or mass layoffs.

Shares of the Austin, Texas-based automaker were up about 2%

ahead of the company's first-quarter results that are due after

markets on Tuesday, and set to break a seven-session losing

streak that had dragged the stock down 19%.

Tesla said in the notice the layoffs, which represent 12% of

Tesla's total workforce of 22,777 in the greater Austin area,

will start on June 14.

The global job cuts would include 285 employees at its

Buffalo, New York premises that houses the labeling team for its

Autopilot driver assistance software that makes fast-charging

equipment.

Tesla's headcount stood at more than 140,000 late last year,

up from around 100,000 at the end of 2021, according to the

company's filings with U.S. regulators.

Reuters in an exclusive report on April 5 said Tesla had

canceled a long-promised inexpensive car, expected to cost

around $25,000, that investors have been counting on to drive

mass-market growth.

Tesla has been slow to refresh its aging models as high

interest rates have sapped consumer appetite for big-ticket

items, while rivals in China, the world's largest auto market,

are rolling out cheaper models.

Customers are also increasingly choosing to buy

less-expensive gasoline-hybrid vehicles as they offer a higher

driving range.