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Thehindubusinessline

Thehindubusinessline

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Tesla lays off more staff in software, service teams, Electrek reports

Electric vehicle manufacturer Tesla has reportedly carried out a new round of layoffs, targeting employees in software, service, and engineering departments. This move follows the recent disbandment of its EV charging department and the announcement of a 10% reduction in its global workforce. Tesla has not yet commented on the news. The company has been facing challenges due to dropping sales and increased competition in the market, resulting in a slower adoption of electric vehicles. The layoffs are expected to cost Tesla more than $350 million in the second quarter and have also led to the departure of several top executives.

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