Austin, April 30: The recent Tesla layoffs in 2024 have sent shockwaves across the EV and automobile industry, raising concerns among long-time employees. Elon Musk’s Tesla made the difficult decision to cut 3,332 jobs in California and 2,688 in Texas last week, a significant portion of its global workforce. These layoffs have resulted from slow sales and intense price wars from competitors, highlight the challenges faced by the EV industry. Notably, China’s BYD Auto outpaced Tesla in 2023, producing three million energy vehicles.
Elon Musk, frustrated due to falling sales of Tesla reportedly planning to lay off hundreds more employees, said the report by The Information. As per the report, the recent Tesla layoffs were implemented by Musk’s lieutenants, which led to the trimming of senior management roles. Elon Musk sent emails to two senior Tesla employees to announce their termination from the following day. The emails about layoffs were sent by Tesla CEO to Rebecca Tinucci, a senior director of the company’s Supercharger group, and Daniel Ho, the head of the new products. Google Layoffs Continue: Tech Giant Lays Off ‘Unspecified’ Numbers of Employees From Flutter, Dart and Python Teams; Know Why.
Sawyer Merritt Tweet on Elon Musk Asking Resignation of Senior Executives Who are Unfit For Role:
NEWS: Elon Musk emailed to Tesla Execs that “Starting at 10 AM EST Tuesday, I will ask for the resignation of any executive who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test.” https://t.co/RepuAsJRvF
— Sawyer Merritt (@SawyerMerritt) April 30, 2024
The email reportedly informed that senior employees would leave Tesla on Tuesday (April 30) morning. The report mentioned that the new round of Tesla layoffs will cut more than a hundred roles as the company’s struggle continues with declining sales and rising competition. The report did not mention more details about the layoffs and which departments or roles would be cut in the next round. The Tesla layoffs remain constant in news with frequent announcements of job cuts.
According to a post on X by Sawyer Merritt, Co-Founder of Twin Birch, Elon Musk emailed the Tesla executives and stated, “Starting at 10 AM EST Tuesday, I will ask for the resignation of any executives who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test”. Meta Layoffs: Meta’s Oversight Board Prepares To Lay Off Its Employees; Check Details.
Tesla CEO Elon Musk recently visited China for the approval for company’s driving software. He postponed his visit to India due to the ongoing Tesla obligations. The tech billionaire was going to announce his major investment plans in India and meet PM Narendra Modi to discuss Tesla’s entry in the market. Now, with all the plans on hold, Elon Musk would visit India later this year.
(The above story first appeared on LatestLY on Apr 30, 2024 12:38 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
