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Tesla has notified thousands of employees in two states that they will be laid off in an upcoming round of layoffs.
The notifications in California and Texas, where electric vehicle (EV) manufacturers have a large presence, were in the form of warning notices, according to reports.
In California, about 3,300 workers will be affected by Tesla’s planned layoffs, the San Francisco Standard reported. reported on Tuesday.
The Tesla logo is seen during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 7, 2023. (WANG ZHAO/AFP via Getty Images/Getty Images)
These appear to occur in a total of four different urban locations in the Golden State.
Tesla to lay off more than 10% of employees
Meanwhile, in Texas, about 2,700 employees in Austin will lose their jobs. according to Austin American Politician.
The reported layoffs in the two states will total approximately 6,000 people.
The Tesla corporate logo is displayed on the front of a Tesla store in Santa Monica, Los Angeles, California on April 10, 2023. (Gary Hershawn/Getty Images/Getty Images)
Tesla’s layoff plan announced last week will see it cut 10% of its workforce worldwide. The Texas-based company said at the time that it had seen “overlapping roles and duties in certain areas” amid its “rapid growth” in recent years.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 144.61 | +2.56 | +1.80% |
More than 140,400 people worked at Tesla at the end of 2023.
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According to a filing Tesla filed with the Securities and Exchange Commission last week. “We are developing some of these technologies that will position Tesla for the next phase of growth.”
Along with the layoffs, the company also announced that Andrew Baglino, senior vice president of powertrain and energy engineering, is retiring after 18 years with the EV maker.
In addition to the Cybertruck, Tesla currently offers Model Y, 3, X, and S vehicles as options for customers.
Smithtown, New York: The parking lot of a Tesla retail store on Route 347 in Smithtown, New York, is filled with new Tesla electric vehicles on July 5, 2023. This location is one of five Tesla-owned centers in the state. (John Paraskevas/Newsday RM via Getty Images/Getty Images)
The EV maker announced Tuesday that it has “updated its future vehicle lineup to accelerate the launch of new models ahead of our previously announced production status in late 2025.”
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“These new vehicles, including more affordable models, leverage aspects of our current platform as well as our next-generation platform, and will be able to be produced on the same manufacturing lines as our current vehicle lineup. ” he added. .
Stephen Sorace contributed to this report.
