May 6 (Reuters) – Electric-vehicle maker Tesla (TSLA.O), opens new tab has laid off staff from the software, service and engineering departments, tech publication Electrek reported on Monday, citing sources familiar with the matter.
The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla’s announcement last month that it was reducing its global workforce by more than 10%.
Employees at the automaker received emails over the weekend as part of broader layoffs, according to the Electrek report.
Tesla, whose shares were up more than 1%, did not immediately respond to a Reuters request for comment.
The company disclosed in notices last month that it will lay off more than 6,700 employees across its locations in Texas, California, Nevada and New York.
Tesla has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles.
The company is looking to focus on autonomous driving software, robotaxis and its humanoid robot Optimus, and Musk could be cutting its spending on certain teams to preserve cash for those projects, analysts have said.
Tesla disclosed last month it expects to book more than $350 million in costs in the second quarter for the mass layoffs. The job cuts also included an exodus of top executives, including Drew Baglino, Rohan Patel, Rebecca Tinucci and Daniel Ho.
The company said in April it was working on “new models” that would use its current platforms and production lines – a move that is expected to let it better control capital expenditures.
Hey Students!
Summer semester’s almost here! Get a head start and grab all your eTextbooks (over 15,000 titles in convenient PDF format!) at Cheapest Book Store. Save BIG on your studies with 20% off using code SUMMERVIBE24.
Still missing a book? No problem! Submit a request through our system and we’ll add it to our collection within 30 minutes. That’s right, you won’t be left scrambling for materials! ⏱️
Don’t wait – visit https://m.cheapestbookstore.com today and ace your summer semester!
Happy Learning!
Cheapest Book Store
Секреты успешного арбитража трафика, которые помогут вам заработать больше.
Почему арбитраж трафика – это отличная возможность для заработка, без опыта в онлайн-бизнесе.
Секреты выбора качественного трафика для успешного арбитража, для оптимизации конверсии и увеличения прибыли.
Секреты эффективного таргетирования для максимального конверта, которые принесут вам стабильный доход.
Способы заработка на арбитраже трафика без рисков и потерь, при помощи умных тактик и инновационных решений.
popunder трафик traffic-arbitrage.com .
An effective SEO company for promoting your website, professional help in the field of SEO.
How to choose the best SEO company, tips from experts.
Advantages of working with experienced SEO specialists, growth of your sales.
An article about the best SEO companies, real reviews.
How to improve search engine rankings with the help of an SEO company, key benefits.
seo company australia https://www.seorg-seo.com .
Wedding Bells Productions: your wedding dreams come true, your special day.
wedding video editing services http://bestwedding-video.com/video-editing-services/ .
Exquisite touches that make your day unforgettable, trust us to make your wedding dreams a reality.
wedding photography packages wedding photography packages .
instagram viewer followers instagram viewer followers .
instagram stories http://www.storyviewano.com .
Top platforms for website hosting, for protecting your site.
SEO approaches for website building https://www.onlyblogthemes.com/2024/06/02/optimizing-your-website-for-seo .