Elon Musk wanted Tesla to slash its headcount by 20% because its quarterly vehicle deliveries fell by that much, Bloomberg source says - eviltoast
Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in "duplication of roles and job functions in certain areas."
  • Elon Musk wanted Tesla to reduce its workforce by one-fifth, Bloomberg reported.
  • Musk wanted the layoffs to match the drop in quarterly vehicle deliveries.
  • Tesla delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the last quarter.

Tesla CEO Elon Musk at one point wanted the EV giant to trim its workforce by 20%, Bloomberg reported on Sunday, citing a person familiar with the matter.

The reduction, Musk reasoned, should match the reduction in vehicle deliveries between the fourth quarter of 2023 and the first quarter of 2024, per Bloomberg.

  • nilloc@discuss.tchncs.deEnglish
    8·
    7 months ago

    Naw, their long term fucked by the Cybertruck pr-orders. They can’t reliably manufacture it quickly enough to make good profit on it. Firing 20% of their manufacturing people is likely just gonna make building them harder.

    And they have to build like 750k more of them at a rate of less than 100k per year.

    Long term fucked by a child’s design of a truck.