New York: Elon Musk has initiated another round of job cuts at Tesla , reducing the company’s senior management and letting go of hundreds more employees. The move comes amidst declining sales and dissatisfaction with the pace of previous layoffs, as reported by The Information on Tuesday, citing an email from the CEO to senior executives.
According to the report of the popular media outlet ‘The Information’, Rebecca Tinucci, senior director of Tesla’s Supercharger business, and Daniel Ho, head of new products, are set to depart on Tuesday morning. Musk’s email also stated the dismissal of all personnel under Tinucci and Ho, including approximately 500 employees within the Supercharger group.
In the email, Musk emphasized the necessity for stringent measures regarding headcount and cost reduction. He expressed disappointment that while some executives were taking the matter seriously, others were not fully onboard.
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Additionally, The Information reported that Tesla’s public policy team, led by former executive Rohan Patel, would be dissolved as part of the restructuring.
As of the time of reporting, Tesla had not responded to Reuters’ request for comment.
This latest move follows Tesla’s recent decision to lay off over 10% of its global workforce, prompted by declining sales and intensified competition in the electric vehicle (EV) market. The company witnessed the departure of two senior leaders, battery development chief Drew Baglino and Rohan Patel, earlier this month. Musk acknowledged their departures with gratitude, though concerns were raised by some investors.
