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Tesla’s layoffs announcement landed in April, when Musk sent out a companywide email telling employees that the automaker would be cutting more than 10% of its staff. Layoffs at the point were ...
The latest layoffs at Tesla this week cut close to the bone of the EV pioneer’s big competitive advantage — its ubiquitous ... Elon Musk arrives at an event in Los Angeles, April 13, 2024. ...
In social media posts Tuesday, several Tesla employees confirmed the layoffs, first reported by The Information. ... But, following an invitation by Tesla chief executive Elon Musk, ...
Simultaneously, Tesla lost two prominent executives: Drew Baglino, a long-serving lieutenant to chief executive Elon Musk who had been with the company for 18 years, and Rohan Patel, a former ...
In total, Musk has lost eight of his direct reports at Tesla over the past year. The Tesla CEO oversees more than 30 direct reports. A spokesperson for Tesla didn't respond to a request for comment.
A significant number of the cases notably derive from the actions of the company's CEO, Elon Musk, who is also party to many of his own lawsuits. [3] TSLAQ, a loose collective of anonymous short-sellers and skeptics of Tesla and Elon Musk, regularly discusses and shares news of these lawsuits on Twitter and elsewhere. [4]
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [415] and $397 billion according to Forbes, [416] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
Tesla is reportedly planning layoffs for the first quarter of 2023. Despite delivering record numbers of EVs, the company's stock has cratered this year amid an economic downturn and CEO Elon Musk ...