Tesla layoffs: Company to cut more than 6,000 jobs in Texas, California
Hindustan TimesTesla said it will lay off 6,020 employees in Texas and California after the company announced that it would cut more than 10% of its global workforce amid dropping sales and intensifying price war among EV makers. The notices showed that Tesla will cut 3,332 jobs in California and 2,688 positions in Texas. The global job cuts would include 285 employees at Tesla's Buffalo, New York premises which has its team for Autopilot driver assistance software that makes fast-charging equipment, news agency Reuters reported. Tesla said that it will use its existing factories to build new and more affordable vehicles as early as late this year, adding, “This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times.”