Tesla is cutting up to 3.5 percent of its jobs

The electric car manufacturer Tesla wants to cut 3 to 3.5 percent of its jobs in the coming months. This was made clear by company boss Elon Musk on Tuesday after conflicting reports. In the past few weeks, reports of a leaked e-mail from Musk initially gave the impression that he wanted to cut ten percent of the entire Tesla workforce, citing the weak economy.

About every tenth job among employees should be lost, while the number of factory workers will increase in the long term. At the beginning of the year, the company had almost 100,000 employees. In some cases, Tesla created employee jobs too quickly, Musk said in an interview at the Qatar Economic Forum conference.

Musk reiterated in the interviewthat he expects a recession in the USA in the near future. The demand for his company’s electric cars is strong, the queue is long, now it is important to deal with the obstacles in the supply chains and expand production capacities.

He disagrees with projections that Volkswagen could overtake Tesla in the battery electric car market, Musk said. When asked whether the German or Chinese manufacturer posed the greater challenge for Tesla, he did not want to commit himself.

In early June, the Reuters news agency reported on an email from the Tesla boss to his executives, in which he is said to have announced drastic downsizing. Tesla plans to lay off 10 percent of its employees. Musk is said to have ordered an immediate halt to all new hires worldwide.

Musk has a “very bad feeling” about the global economy. In view of the high inflation and the geopolitical situation, including the ongoing supply chain problems, more and more economic experts were expecting a recession.


Tesla introduced the Cybertruck at the 2019 LA Auto Show.
(Image: Tesla)


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