Tesla's Salaried Staff To Be Reduced By 10% During Next 3 Months: Elon Musk

Elon Musk said on June 21 that Tesla will decrease 10% of its salaried personnel over the following three months as the business navigates global macroeconomic circumstances. This would result in a 3.5% reduction in Tesla's overall personnel. Tesla employs over 100,000 employees throughout its locations, and the headcount increased by more than 40% last year. It began another round of layoffs last week, this time encompassing hourly staff.