Elon Musk is thinning Tesla’s senior management and laying off hundreds more employees, frustrated by falling sales and the pace of layoffs so far, The Information reported early Tuesday, citing an email sent by the CEO to senior executives.
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of new products, will leave on Tuesday morning, The Information reported.
In the email, Mr Musk also said he would dismiss everyone working for Ms Tinucci and Mr Ho, including the roughly 500 employees who work in the Supercharger group, The Information said.
“Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction,” Mr Musk wrote in the email, the report said. “While some on exec staff are taking this seriously, most are not yet doing so.”
The great Guinness shortage has lessons for Diageo
Ireland has won the corporation tax game for now, but will that last?
Corkman leading €11bn development of Battersea Power Station in London: ‘We’ve created a place to live, work and play’
Elf doors, carriage rides and boat cruises: Christmas in Ireland’s five-star hotels
Tesla's public policy team, which was led by former executive Rohan Patel, will also be dissolved, according to the report.
Tesla did not immediately respond to Reuters' request for comment.
Earlier this month, Tesla ordered the layoffs of more than 10 per cent of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).
Two senior leaders, battery development chief Drew Baglino and Patel also announced their departures, drawing posts of thanks from Mr Musk although some investors were concerned. (Reporting by Nilutpal Timsina in Bengaluru; Editing by Savio D’Souza)
(c) Copyright Thomson Reuters 2024
