Tesla Axes Most of Supercharger Team in Blow to Other Automakers [BNN Bloomberg (Canada)]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: BNN Bloomberg
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by Chief Executive Officer Elon Musk in the last week, according to a person familiar with the matter. It comes in addition to the more than 10% staff cut ordered in mid-April, the person said. The move will slow the network's growth, according to a person familiar with the division, who asked not to be identified discussing private matters. There are already discussions about rehiring some of those impacted in order to operate the existing network and grow it at a much slower rate, the person said. In a post on X, Musk confirmed network growth would slow. The job cuts have left executives at at least one other automaker, Rivian Automotive Inc., confused and concerned, according to another person familiar with internal company discussions. Rivian, Ford Motor Co. and General Motors Co. are among the carmakers adopting Tesla's charging connectors for their battery-powered cars,
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