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Two Tesla executives have resigned! Hundreds of layoffs will be laid off in the future, and the pressure comes from BYD?

author:Smart electric travel

Rebecca Tinucci, senior director of Tesla's supercharging business, and Daniel Ho, head of the new car project, will officially leave today, while everyone who works for Tinucci and Ho will face layoffs, including 500 employees working in the Supercharger department. In addition, Tesla's public policy team will also be laid off, and the number of layoffs will be further increased.

Two Tesla executives have resigned! Hundreds of layoffs will be laid off in the future, and the pressure comes from BYD?
Two Tesla executives have resigned! Hundreds of layoffs will be laid off in the future, and the pressure comes from BYD?

It is reported that Tesla announced that the company will cut 10% of its workforce after its first quarterly sales decline in four years. At the same time, Tesla is also facing challenges from a slowdown in the electric vehicle market and increased competition from China's own brand competitors, which led to the delivery of only 386,810 new vehicles in the first quarter of this year, down 8.5% from the same period in 2023. And brand CEO Elon Musk also wrote in an email: "Hopefully these actions will make it clear that we need to be absolutely resolute in terms of headcount and cost cutting." While some executives are taking this issue seriously. But most people haven't done that yet. ”

Two Tesla executives have resigned! Hundreds of layoffs will be laid off in the future, and the pressure comes from BYD?
Two Tesla executives have resigned! Hundreds of layoffs will be laid off in the future, and the pressure comes from BYD?
Two Tesla executives have resigned! Hundreds of layoffs will be laid off in the future, and the pressure comes from BYD?

According to Tesla CEO Elon Musk, the purpose of the 10% layoff is to "reduce costs and increase productivity", and then said that the layoffs were decided after a thorough review of the company.

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