Elon Musk Says He's Going “Absolutely Hardcore” on Tesla Staffing

He’s reportedly planning to lay off 20% of the company’s workforce.

Automotive
2,314 Hypes

Tesla laid off approximately 10% of its workforce – around 14,000 employees – earlier this month but according to new reports, the job cuts are far from over.

Elon Musk has reportedly sent out another email to Tesla staffers in which he warned of another massive wave of layoffs. In the email, Musk wrote that he is going “absolutely hardcore” on Tesla’s staffing, according to The Information. Sources told Bloomberg last week that Musk was planning to lay off 20% of the company – about 20,000 employees – in order to match the sales decline between the final quarter of last year and the first quarter of 2024.

In the latest email to Tesla staff, Musk also said that he expects any executive “who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test” to resign by 10 a.m. on Tuesday, The Information reported. The memo implies that he wants executives to make cuts to their teams, or risk being let go themselves.

As the new round of job cuts commences, Tesla has already laid the entire 500-person team behind its Supercharger, along with its 40-person ad content team. Head of policy and business development Rohan Patel is out, as is Drew Baglino, the former VP of Powertrain and Energy Engineering who had worked at Tesla for 18 years.

Tesla sales have been plummeting with the first three months of 2024 indicating a $17.38 billion USD decline year-to-year.

Read Full Article

What to Read Next

Elon Musk Has Ambitious Plans for xAI After $6B USD in Funding Round
Tech & Gadgets

Elon Musk Has Ambitious Plans for xAI After $6B USD in Funding Round

The startup is reported to be working on a “supercomputer” to power its Grok chatbot.

X Is Switching Up How the Block Button Works
Music

X Is Switching Up How the Block Button Works

Another development in a series of changes at the platform.

Twitter Is Officially X.com, A Year After Rebranding
Tech & Gadgets

Twitter Is Officially X.com, A Year After Rebranding

Elon Musk renamed the platform in July 2023.


Tesla Unveils Model 3 Performance Edition: Starting at Just Over $40K USD
Automotive

Tesla Unveils Model 3 Performance Edition: Starting at Just Over $40K USD

Packing 510 hp, resulting in a 0-60 time of 2.9 sec and a top speed of 163 mph.

Paul Pfeiffer Dissects the Cult of Celebrity and the Construct of Spectacle in MOCA Exhibition
Art

Paul Pfeiffer Dissects the Cult of Celebrity and the Construct of Spectacle in MOCA Exhibition

On view at the Geffen Contemporary in DTLA.

DENHAM and WIND AND SEA Ready New Code-Colliding Collaboration
Uncategorized

DENHAM and WIND AND SEA Ready New Code-Colliding Collaboration

With “SEA DENHAM” denim silhouettes, utilitarian track parkas, kaleidoscopic T-shirts and more.

Lite Year SS24 Is Serious About Its Timeless Wares
Fashion

Lite Year SS24 Is Serious About Its Timeless Wares

Fit for everyday.

Muslim Hikers Is Changing the Face of Outdoor Exploration In Pursuit For Inclusivity
Sports 

Muslim Hikers Is Changing the Face of Outdoor Exploration In Pursuit For Inclusivity

Presented by Arc'teryx
Hypebeast catches up with community member Najwa to explore her hiking journey featured in Arc’teryx’s ‘No Wasted Days™’ campaign.

Nike SB Taps Alexis Sablone to Design Olympic Skateboarding Uniforms for Team USA
Fashion

Nike SB Taps Alexis Sablone to Design Olympic Skateboarding Uniforms for Team USA

The 2024 federation kit arrives with new pairs of the Converse CONS AS-1 Pro and Nike SB Dunk Low.


New Balance’s 860v2 Is the New Alternative Retro Runner
Footwear 

New Balance’s 860v2 Is the New Alternative Retro Runner

Presented by New Balance
Explore the latest iterations of the 2011-born silhouette.

EBIT™ Supports Mental Health Awareness Month With "PSYCHO PENPALS [E100]" Collection
Fashion

EBIT™ Supports Mental Health Awareness Month With "PSYCHO PENPALS [E100]" Collection

Inviting wearers to speak out about their day-to-day struggles.

Bentley's Mulliner Division Gives the Bentayga an "Apex Edition" Makeover
Automotive

Bentley's Mulliner Division Gives the Bentayga an "Apex Edition" Makeover

Capable of over 500 hp and limited to just 20 examples globally.

A$AP Rocky and PUMA Return With Second Motorsport-Inspired Collection
Fashion

A$AP Rocky and PUMA Return With Second Motorsport-Inspired Collection

Complete with sweatsuits, seatbelt tops, balaclavas, gloves and the Inhale OG sneaker.

MARKET and Eastpak Drop Convertible Bag Capsule
Fashion

MARKET and Eastpak Drop Convertible Bag Capsule

Featuring a basketball pack and two side bags built with net pouches for ample storage.

More ▾