Tesla will lay off 10% of its workforce globally: approximately 14000 people

According to American media reports on April 15th, Tesla CEO Elon Musk stated in an internal email to employees that the company will lay off more than 10% of its global employees to cut costs and improve productivity. Musk stated in an email that Tesla’s “rapid growth” has led to “duplication of roles and job functions in certain areas.”. “It is extremely important to prepare for the next stage of company growth and examine all aspects of the company to reduce costs and improve productivity.” Musk said that after thorough review, a difficult decision was made to reduce the global workforce by more than 10%. He stated that this will keep the company streamlined, innovative, and enter the next growth cycle. As of the end of last year, Tesla, headquartered in Austin, Texas, employed 140473 employees worldwide, which means about 14000 people will be laid off. Bloomberg cited anonymous sources as saying that some departments may lay off nearly 20% of their workforce. Tesla’s global delivery of electric vehicles in the first quarter of this year decreased by nearly 9% compared to the same period last year, marking the first quarterly year-on-year decline in delivery in nearly four years. The specific data is that in the first quarter of 2024, 433000 cars were produced and 387000 cars were delivered. Production and delivery data have both decreased month on month and year-on-year. The production in the first quarter decreased by 12.5% month on month and nearly 2% year-on-year; The delivery volume decreased by 20% month on month and 8.5% year-on-year.

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