Latest News On Tesla Layoff 2024 Update. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by ceo elon musk. Tesla informed employees that more than 10%, or about 14,000 workers, will be laid off across the global organization that has operations in the united states, europe and china.
All of this news comes at a critical time for tesla, following a quarterly earnings miss in which tesla significantly missed delivery and earnings estimates, and had a rare year. In addition to declining sales, tesla is now sitting on a huge glut of inventory as each quarter it builds tens of thousands more cars than it can sell.
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