Tesla fires 14 thousand employees: the green dream is already a nightmare

Tesla fires 14 thousand employees: the green dream is already a nightmare
Descriptive text here

The electric dream it has already gone out. Tesla will cut in fact more than 10 percent of its workforce worldwide, equal to approximately 14 thousand employees. A sensational and emblematic cut, which hits the forerunner of mobility full electric. To report the drastic intervention established by the giant founded by Elon Musk is the US technology publication Electrek, which cites an internal email attributed to the group’s owner. A new blow thus falls on the electric car industry, which found itself on its knees before the much-hyped green transition even took off.

As part of efforts to cut costs and increase productivity, “we did a thorough review of the organization and took the difficult decision to reduce our headcount by more than 10 percent globally“, wrote Elon Musk, according to what was reported by Electrek. According to the annual report, at the end of last year Tesla had more than 140 thousand employees. The super technological vehicles of the green car manufacturer, however, had recently undergone a sharp and symptomatic slowdown, recording a decline of sales in the first quarter by 8 percent (on the same period of the previous year) and thus stopping sales at approximately 387 thousand vehicles actually delivered.

Numbers which, accompanied by a decline in the stock on the stock market, had triggered the alarm at the top levels of the company led by the visionary Musk. The Houthi attacks on ships crossing the Red Sea also had a negative impact on the industrial trend, resulting in supply problems for the production of the Tesla plant in Grünheide, near Berlin. Earlier in the year, the German plant had also been hit by a sabotage of the electricity supply claimed by the ultra-left. The raid on the plant had caused a temporary stop in production.

Now, according to Musk’s email cited by Electrek, the upcoming cuts would also have been motivated by “duplication of roles and work functions in some areas” following the group’s growth plans. The tycoon, announcing the drastic measure, wrote: “There is nothing I hate more, but it has to be done. This will allow us to be lean, innovative and hungry for the next growth cycle“.

Meanwhile, however, Tesla shares fell by 2.7 percent shortly after the start of trading.

Tags:

 
For Latest Updates Follow us on Google News
 

PREV Mortgages, beware of these traps: from the deposit to the tied proposal
NEXT Noisy engine, there is a solution that costs very little: you don’t even go to the mechanic