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Tesla, Inc.

TSLAConsumer Cyclical· Austin, TX, United States
LAYOFFS TRACKED
8
LAST EVENT
Oct 1, 2023
MARKET CAP
$1.35T
EMPLOYEES
140,473

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

Layoff history

EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS

Q1 '22: 1 eventsQ2 '22: 0 eventsQ3 '22: 0 eventsQ4 '22: 0 eventsQ1 '23: 0 eventsQ2 '23: 0 eventsQ3 '23: 0 eventsQ4 '23: 6 eventsQ1 '24: 0 eventsQ2 '24: 0 eventsQ3 '24: 0 eventsQ4 '24: 0 eventsQ1 '25: 0 eventsQ2 '25: 0 eventsQ3 '25: 0 eventsQ4 '25: 0 eventsQ1 '26: 0 eventsQ2 '26: 0 eventsQ3 '26: 0 events
Q1 '22Q1 '23Q1 '24Q1 '25Q1 '26Q3 '26

Layoff timeline

8 EVENTS
Oct 1, 2023News

A supplier for Tesla, Inc. is closing its Reno facility, resulting in the layoff of 150 workers. This decision comes as part of a broader restructuring effort within the company. The layoffs are effective immediately, impacting the workforce at the facility. The closure reflects ongoing challenges faced by suppliers in the automotive industry, particularly those associated with major brands like Tesla and Ford. The company has not specified any future plans for the affected employees or potential reemployment opportunities.

Oct 1, 2023News

Tesla, Inc. has faced accusations of laying off approximately 200 employees from its manufacturing department in Fremont, California, and subsequently replacing them with H-1B visa workers. The layoffs occurred in early October 2023, raising concerns about the company's hiring practices and its reliance on foreign labor. Critics argue that this move undermines local job opportunities and highlights ongoing tensions regarding immigration and labor policies in the tech industry. Tesla has not publicly commented on the specific reasons for these layoffs, but the situation has sparked significant debate about workforce management and corporate responsibility.

Oct 1, 2023News

Trigo, a contractor for Tesla, has laid off 50 employees in Austin following the termination of its contract due to a decline in sales. This decision reflects the challenges faced by contractors associated with Tesla amid changing market conditions. The layoffs occurred as the company adjusts its workforce in response to reduced demand. The situation highlights the impact of sales fluctuations on Tesla's operational partners, leading to immediate job losses for those affected.

Oct 1, 2023News

Tesla, Inc. has laid off approximately 200 employees in Texas as part of a restructuring effort, despite facing fines related to workplace safety violations. The company continues to project growth for 2024, indicating that these job cuts are part of a broader strategy to streamline operations. The layoffs occurred in October 2023, and while the company is reducing its workforce, it remains optimistic about future expansion. This decision comes amid ongoing challenges in the automotive industry, including supply chain issues and regulatory scrutiny.

Oct 1, 2023News

Tesla, Inc. has recently laid off approximately 200 contractors at its Gigafactory in Austin, Texas. This decision comes as part of a broader strategy to streamline operations and reduce costs amid ongoing economic challenges. The layoffs primarily affect the contractor workforce, which has been a significant part of Tesla's production efforts. The company has not specified any future layoffs but continues to evaluate its workforce needs in light of market conditions. This move reflects Tesla's ongoing adjustments to maintain efficiency and competitiveness in the electric vehicle market.

Oct 1, 2023News

Tesla, Inc. has unexpectedly terminated a contract at its Giga Texas facility, resulting in the layoff of 82 employees. This decision reflects the company's ongoing adjustments in its workforce management. The layoffs occurred recently, specifically on October 1, 2023. While the reasons for this decision were not detailed in the article, it highlights Tesla's continuous efforts to optimize operations at its manufacturing site in Austin. The affected employees were part of a contract workforce, indicating a shift in Tesla's operational strategy at this location.

Jan 1, 2022News

Tesla, Inc. has not yet fully recovered its local workforce in Austin, Texas, following significant job cuts last year, which affected approximately 2,000 employees. The layoffs were part of a broader strategy to streamline operations and reduce costs amid economic pressures. Despite efforts to hire back workers, the company is still facing challenges in rebuilding its team. The situation highlights the ongoing impact of the layoffs on the local job market and Tesla's operational capacity in the region.

Date not reportedUpcoming · EstimatedNews

Tesla, Inc. has reported plans to reduce its workforce by over 10% by the end of the year, following layoffs that occurred in April. This decision is part of a broader strategy to streamline operations and manage costs. While specific numbers of employees affected by the upcoming reductions have not been disclosed, the company aims to implement these changes in response to market conditions. The exact timeline for these layoffs has not been specified, but they are expected to take place before year-end.

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