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Musk Cuts Tesla Executives in New Layoffs

Elon Musk has ousted two senior executives from Tesla and is set to lay off hundreds more employees
May 1, 2024

Elon Musk, CEO of Tesla, has reportedly dismissed two senior executives and plans to lay off hundreds more employees due to falling sales and the slow pace of job cuts, according to a report from The Information.

Rebecca Tinucci, senior director of Tesla’s Supercharger business, and Daniel Ho, head of the new vehicles program, are set to leave, along with approximately 500 employees who work in the Supercharger group. Additionally, Tesla’s public policy team, led by former executive Rohan Patel, will be dissolved.

Musk's email to senior managers stated, “Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction. While some on exec staff are taking this seriously, most are not yet doing so.”

Ho, who joined Tesla in 2013, was previously a program manager in the development of the Model S, Model 3, and Model Y, before being appointed to oversee all new vehicles. Tinucci, who joined Tesla in 2018, served as a senior product manager.

This latest shake-up follows the departure of two other senior leaders earlier this month, along with Tesla's decision to lay off over 10% of its workforce.

Tesla is facing challenges including falling sales and an escalating price war, resulting in a decrease in quarterly revenue for the first time since 2020.

Despite these challenges, Musk recently visited China, where he made progress towards rolling out Tesla’s advanced driver-assistance package. This move comes after he canceled a planned trip to India due to prior commitments.

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