Tesla announced layoffs in the middle of a precipitous drop in first-quarter revenue and worldwide sales.
Due to concerns about falling sales and the speed of prior job cutbacks, Tesla CEO Elon Musk has fired two senior executives and plans to fire hundreds more workers, according to The Information.
According to the article, Daniel Ho, the director of the new vehicles program, and Rebecca Tinucci, the senior director of Tesla's Supercharger business, will leave the company on Tuesday morning.
Musk also intends to fire Tinucci, Ho, and every person under them, which includes about 500 people in the Supercharger group. There was no clear mention of what happened to Ho's teammates.
The report added that Rohan Patel former team leader for public policy at Tesla will be split up.
In the email to the senior managers, Musk stated, "Hopefully these actions are making it clear that we need to be absolutely hardcore about headcount and cost reduction," according to the article.
"While some on exec staff are taking this seriously, most are not yet doing so," he stated.
He began working with Tesla in 2013. Before taking on responsibility for all new cars, Ho was a program manager for the development of models like the Model S, 3, and Y. Conversely, Tinucci became a senior product manager at Tesla in 2018.
Earlier this month, it was reported that Patel and Drew Baglino, the head of battery development, would be leaving their positions.
Additionally, Tesla had started to lay off more than 10% of its personnel.
In its most recent financial release, Tesla revealed a drop in quarterly revenue for the first time since 2020 due to a drop in sales and increased competition.
Amidst the continuing EV price battle in the region, Tesla's advanced driver-assistance package is now being rolled out in China, thanks to Musk's recent visit to Beijing.
After canceling a scheduled trip to India, where Tesla has been keen to launch operations, he made this trip, citing "very heavy Tesla obligations."
