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2024-05-01 06:33:01
Business
Technology
Stocks

Tesla Undergoes Further Layoffs as Elon Musk Implements Stringent Cost-Cutting Measures

Elon Musk has initiated another round of layoffs at Tesla, targeting senior executives and the Supercharger team, following a previous reduction of 10% of the workforce. Musk aims for the company to be more 'absolutely hard core' in its cost-cutting approach, with potential for additional layoffs.

The decision to dismiss employees who do not meet reliability tests suggests Tesla is navigating challenges like competition and a dip in demand. Despite uncertainties arising from the dismantling of the Supercharger team and doubts about Tesla's charging network expansion, Musk's strategic realignment may hint at a shift towards focusing on artificial intelligence, robotics, and autonomous vehicles.

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The Verge - All Posts
30. April 2024 um 10:02

Elon Musk goes ‘absolutely hard core’ in another round of Tesla layoffs

Economy
Technology
Finance
Tesla is reportedly cutting more executives and its Supercharger team after laying off 10 percent of its global workforce. Elon Musk wants the company to be 'absolutely hard core' about the cuts, with potential further reductions. The layoffs include senior executives, the Supercharging team, and others in various departments.
Yahoo Finance
30. April 2024 um 13:37

Tesla Stock: Elon Musk Reportedly Back In Layoff Mode After 10% Workforce Cuts | Investor's Business Daily

Economy
Finance
Technology
Elon Musk reportedly made further layoffs at Tesla, letting go of two top executives and the supercharger team. This comes after Musk's decision to cut more than 10% of Tesla's global workforce earlier this month. Despite recent layoffs, Tesla's stock has seen significant gains following positive news and market movements.
Webrazzi
30. April 2024 um 14:30

Tesla to lay off a large part of the Supercharger team

Economy
Tesla has decided to lay off a large part of the Supercharger team, affecting many employees including top-level executives. Elon Musk announced that employees who do not pass reliability tests will also be dismissed. This decision indicates that Tesla is facing challenges such as competition and a decrease in demand in a tough period.
The Verge - All Posts
30. April 2024 um 19:42

Tesla layoffs hit Supercharger team just as it’s poised to take over EV charging

Economy
Technology
Environment
Tesla has reportedly laid off hundreds of employees, including a significant portion of its Supercharger team, just as the company was set to take over electric vehicle charging in the US. The layoffs come after Tesla recently cut 10 percent of its global workforce. The decision to lay off the Supercharger team at a time when Tesla was gaining support from other automakers for its charging standard raises questions about the company's strategy in the EV charging market.
Tuesday5/21/2024
10:53:30 PMCW 21

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