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Elon Musk reportedly dismisses two senior Tesla executives, plans to lay off hundreds more employees [Globe and Mail, The (Toronto, Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: Globe and Mail, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group, The Information said. It was not clear how many employees worked for Ho. Tesla's public policy team, which was led by former executive Rohan Patel, will also be dissolved, the report said. “Hopefully these actions are making it clear that we need to be absolutely hard core about head count and cost reduction,” Musk wrote in the email, the report said. “While some on exec staff are taking this seriously, most are not yet doing so.” Tesla, which had 140,473 employees globally as of end-2023, did not immediately respond to a Reuters' request for comment. Ho joined Tesla in 2013 and was a program manager in the development of the Model S, the 3, and the Y before being put in charge of all new vehicles, while Tinucci joined in 2018 as a senior product manager, according to their LinkedIn profiles. Two other senior leaders – Patel and battery dev [Read more]
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Stockreport

Elon Musk reportedly dismisses two senior Tesla executives, plans to lay off hundreds more employees [Globe and Mail, The (Toronto, Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: Globe and Mail, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group, The Information said. It was not clear how many employees worked for Ho. Tesla's public policy team, which was led by former executive Rohan Patel, will also be dissolved, the report said. “Hopefully these actions are making it clear that we need to be absolutely hard core about head count and cost reduction,” Musk wrote in the email, the report said. “While some on exec staff are taking this seriously, most are not yet doing so.” Tesla, which had 140,473 employees globally as of end-2023, did not immediately respond to a Reuters' request for comment. Ho joined Tesla in 2013 and was a program manager in the development of the Model S, the 3, and the Y before being put in charge of all new vehicles, while Tinucci joined in 2018 as a senior product manager, according to their LinkedIn profiles. Two other senior leaders – Patel and battery dev [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
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Price Change
Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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