Barely two weeks after initiating layoffs for at least 14,000 staffers, Tesla is now reportedly laying off hundreds more — including senior executives and the majority of its Supercharging team. According to an email first reported by The Information and then Electrek, the automaker’s senior director of EV charging Rebecca Tinucci is leaving the company on Tuesday, alongside most of the 500-person team she oversaw. Tesla’s head of the new vehicles program, Daniel Ho, is also out along with his...
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EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email viewed by TechCrunch. Founder and CEO Henrik Fisker told employees Monday morning in the email that the company is “continuing to evaluate […] © 2024 TechCrunch. All rights reserved. For personal use only.
Frustrated by falling sales and the pace of layoffs carried out by his lieutenants, Tesla CEO Elon Musk is thinning his senior management team and laying off hundreds more employees. In an email late Monday to senior Tesla executives, Musk said Rebecca Tinucci, senior director of the company’s
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Tesla is back in the news cycle and our crystal ball says it’s one of those long-term affairs. The […] © 2024 TechCrunch. All rights reserved. For personal use only.
In an email obtained by CNBC Wednesday, Tesla CEO Elon Musk informed staffers that the severance packages sent to some of the 14,000 workers laid off this week were “incorrectly low.” Musk apologized for the mistake, stating that the problem is being “corrected immediately.” This week’s layoffs came as the company prepares for “its next phase of growth,” Musk stated in an email Sunday, citing the need to cut costs and increase productivity. Additionally, the EV maker continues to face...
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It’s only been two weeks since Tesla began reducing its workforce by ten percent, a move that impacted at least 14,000 staffers. Now, even more pink slips are coming. The company let go of two senior executives today and plans to lay off hundreds more employees, as reported by The Information. These layoffs impact the entire Supercharger team, including senior director Rebecca Tinucci and 500 staffers. Daniel Ho, head of the new vehicles program, was also laid off, along with his team. Tesla’s...
Jeff Bezos-backed EV-maker Rivian has cut more of its workforce following 10 percent of its employees laid off earlier this year. The company's shares dropped to one percent on Thursday.
Tesla CEO Elon Musk acknowledged in an email to recently laid-off staff that some employees may have received incorrectly low severance offers. This comes after the company began notifying staff about their severance packages."As we reorganise Tesla, it has come to my attention that some severance packages are incorrectly low," Musk wrote in the brief email. "My apologies for this mistake. It is being corrected immediately."On Monday, electric vehicle manufacturer Tesla announced a workforce...