Tesla will cut about 10% of its global workforce. The news was anticipated by some very important media platforms, such as Electrek, for instance, during the weekend, and apparently confirmed by internal sources in the last days. The workforce reduction is due to sales fall on a global scale.

Also Reuters reported an internal memo spread to the media and dealing with “falling sales and an intensifying price war for electric vehicles”. Tesla also reduced production at its gigafactory in Shanghai. In addition, according to Electrek, Tesla might shorten Cybertruck production shifts at the company’s gigafactory in Texas.

Tesla workforce to be cut: confirms from the top management

Musk told employees with an internal message that the workforce reduction is inevitable and foresees quite difficult times for the company and the whole economy. Apparently, war prices over electric vehicles and the difficult challenge posed by Chinese manufacturers is affecting the global brand.

Finally, according to Electrek, 10% of the global Tesla workforce may lead to about 14,000 people, even though the figures are only indicative. In the last quarterly report, Tesla missed delivery estimates, experiencing reduction in sales on a yearly basis. In the meantime, there are no further news about the Semi electric truck, currently been tested by some key customers in the U.S.

Highlights

Related articles

Einride appoints former NVIDIA executive to the Board of Directors

The appointment of Gary Hicok, a former NVIDIA senior executive with more than 25 years of leadership and autonomous technology experience, "underscores Einride's extensive technical expertise and leadership within autonomous freight and its distinctive go-to-market strategy", stated the tech compan...
News

The ACC joint venture withdraws gigafactory projects in Italy and Germany

The news was in the air, and has now been made official by partners Stellantis, Mercedes-Benz, and TotalEnergies. Italian trade unions have expressed disappointment and concern about the employment implications of ACC's decision. “The only way to safeguard the Termoli plant is therefore the immediat...
News