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Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024. 

Source: Tesla Inc. 

Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year.

The latest figure is not from precise payroll data, but from the number of people who are on…


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