Tesla Axes 500, Including Supercharger and Policy Teams in Cost-Cut

Apr 30, 2024, 09:55 PM

Tesla, under the direction of CEO Elon Musk, has initiated a significant reduction in its workforce, specifically targeting the Supercharger, new vehicle, and public policy teams. This move includes the dismissal of Rebecca Tinucci, the senior director of Tesla's Supercharger group, and Daniel Ho, the head of new products. Both executives, along with approximately 500 employees from their respective teams, are set to leave the company. These layoffs, part of a broader effort by Musk to enforce a stringent cost-cutting policy, come amid falling sales and emphasize the need for Tesla to become 'absolutely hardcore' about headcount reduction. The strategic shift raises concerns about the future of Tesla's charging network and new vehicle development.