Chinese electric vehicle manufacturers are starting to compete for market share! There are rumors online that Tesla will lay off 10% of its workforce, potentially affecting around 14,000 employees.

According to a report by the media outlet Electrek and internal sources today (4/15), Tesla's founder Elon Musk has issued an internal memo to employees stating that there will be a 10% workforce reduction. The content is as follows (Note: not yet confirmed):

According to a report from Electrek and internal messages today, Tesla founder Musk released an internal memo to employees announcing a 10% layoff. The contents are as follows (Note: not confirmed yet):

"Over the years, we have grown rapidly, with multiple factories worldwide. With this rapid growth, there have been duplications in certain roles and job functions. As we prepare for the next phase of company growth, it is crucial to review all aspects of the company to reduce costs and increase productivity.

As part of this work, we conducted a thorough review of the organization and made the difficult decision to reduce the global workforce by more than 10%. Nothing could be more unpleasant than this, but it must be done. This will enable us to be lean, innovative, and eager to enter the next growth cycle."

"I want to thank all those leaving Tesla for their hard work over the years. I am very grateful for your many contributions to our mission, and I wish you all the best in your future opportunities. It's hard to say goodbye.

For those who remain, I want to thank you in advance for the challenging work you continue to do. We are developing some of the most revolutionary technologies in the automotive, energy, and artificial intelligence fields. Your determination will have a tremendous impact on our goal achievement as we prepare for the next phase of company growth."

Thank you

Elon"

With around 140,000 Tesla employees, a 10% reduction will result in 14,000 job losses.

Prior to this, Tesla's quarterly delivery report performance was poor, significantly lagging behind delivery expectations and experiencing a rare year-on-year decline in sales. Although Tesla's report did not break down sales by geographical region, the main decline seems to come from China, as Chinese electric vehicle manufacturers are rapidly growing in both domestic and export markets.

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