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

Have a look at Stellantis Pro One’s new logo

Stellantis Pro One has unveiled a new logo reflecting the evolution of the Group's commercial vehicle business beyond vehicles towards a broader ecosystem of services and solutions for professional customers. The new visual identity comes as Pro One prepares to showcase its latest developments at IA...
News

Aumovio completes sale of Mechelen plant to Dumarey Group

Aumovio has completed the sale of its manufacturing site in Mechelen, Belgium, to Dumarey Group, finalising the transaction announced last April. The plant and around 300 employees are being transferred to Dumarey, while existing customer relationships remain with Aumovio.
News