Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday (Apr 23) when CEO Elon Musk is expected to outline the electric vehicle maker’s strategy to combat slowing demand and falling margins.
Last week, Tesla announced a more than 10 per cent cut in its global workforce under pressure from dropping sales and an intensifying price war among EV makers, without revealing the number of employees the job cuts would impact.
Some numbers were disclosed in notices to the states of Texas and California on Monday under a U.S. labour law that requires companies with 100 or more employees to notify 60 days ahead of planned closings or mass layoffs.
Tesla will cut 3,332 jobs in California and eliminate 2,688 positions in Texas, starting Jun 14, the notices showed.
“Tesla has now created over 30,000 manufacturing jobs in California!” Musk said in a post on his social media platform X on Tuesday.
