Tesla faces significant layoffs impacting key executives and teams

Tesla, the electric car manufacturer, is facing further layoffs just weeks after announcing a workforce reduction of at least 14,000 employees. The latest round of layoffs reportedly includes senior executives and the majority of its Supercharging team. Rebecca Tinucci, the senior director of EV charging, is leaving the company along with most of the 500-person team she oversaw. Daniel Ho, head of the new vehicles program, and his team are also part of the layoffs. These cuts come on top of the recent 10 percent reduction in Tesla's workforce, with CEO Elon Musk indicating the possibility of more cuts.

The full extent of the new layoffs is uncertain, but reports suggest that Tesla's total headcount reduction could reach as high as 20 percent, affecting over 20,000 employees. Tinucci played a key role in expanding Tesla's Supercharger network and promoting the North American Charging Standard. Despite the layoffs, Tesla plans to continue building new Superchargers and completing ongoing projects.

Other notable departures include Daniel Ho, a veteran at Tesla overseeing vehicle programs, and the public policy team led by Rohan Patel. These layoffs add to the challenges Tesla is facing this year, including a decline in stock prices, reduced profit margins, increased competition, and reputational issues related to its Autopilot feature and Cybertruck recall.

Tesla's decision to implement further layoffs, affecting senior executives and key teams, reflects the company's efforts to streamline operations amidst financial pressures and market challenges. The impact of these workforce reductions on Tesla's future strategies and product development remains to be seen as the company navigates a turbulent period in the electric vehicle industry.