The layoffs that could impact more than 14,000 people come two weeks after the electric automaker reported its first year-over-year drop in sales in three years. The company has also warned that sales growth could be "notably lower" in 2024 than its stated goal of 50 percent growth each ...
On April 15, Tesla CEO Elon Musk announced that the American new energy vehicle giant will lay off more than 10 percent of its global workforce. The layoffs apparently hit 40-50 percent in the charging, sales and marketing ...
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news b
Multiple media outlet reported Tesla is planning to cut its worldwide headcount by more than 10%, the largest ever layoffs in its two-decade history. As of end of 2023, Tesla’s global workforce has risen from around 100,000 in late 2021 to 140,473, according to fillings with U.S. re...
The Tesla layoffs, announced in an email by Chief Executive Elon Musk and revealed by Reuters, have also affected China, with several departments reportedly cutting as much as 30 to 50 percent of their workforce.More Authorities...
Multiple media outlet reported Tesla is planning to cut its worldwide headcount by more than 10%, the largest ever layoffs in its two-decade history. As of end of 2023, Tesla’s global workforce has risen from around 100,000 in late 2021 to 140,473, according to fillings with U.S. re...
That’s when a security guard walked up to him, told him he was part of the layoffs and took his badge away. “I sat in my car in disbelief,” Murillo said. Get the best news, reviews, columns, and more delivered straight to your inbox. Sign up For more information, read our...
market is looking like it will become tougher in 2024, and in no segment is that more apparent than in the EV space. Even Tesla, which has led the segment, and produced one of 2023’s most popular vehicles in the world, is looking to tighten the belt, and that may mean layoffs....
— Elon Musk (@elonmusk)April 15, 2024 As Tesla prepares for the next growth phase, the name of the game is cost reductions and increases in productivity. Layoffs are an unfortunate part of this process, and somewhere between 10 and 20 percent of Tesla’s global workforce was eliminated. ...
Tesla is walking back some of the layoffs to its Supercharger team, according to a new report, as the electric automaker brought back a key executive in one of the most crucial parts of its business. In April, Tesla laid off many members of its Supercharging team,including two key executi...