Tesla Layoffs 2024 Reddit. August 24, 2024 august 24, 2024 12 hours ago jennifer sensiba 0 comments sign up for daily news updates from cleantechnica on email. Why didn't tesla phase out these positions.
As of april 2024, electric carmaker tesla has been laying off 10% of its workforce in waves, after asking managers to identify which employee roles on their team are vital to the company. However, when tesla announced the layoffs, their stock value took a 5% hit, wiping out about $25 billion in market capitalization.