Another Elon Musk-leaked email suggests Tesla is going to layoff 10% of salaried employees



Tesla CEO Elon Musk is taking some harsh steps toward the HR department of his company, after warning remote working executives earlier this past week, he wants to lay off around 10% of the automaker’s salaried employees.

Musk has a “super bad feeling” feeling about the economy and he thinks Tesla is overstaffed in many areas, as reported by Reuters and seen in leaked emails (below).

Tesla’s (TSLA) share price plunged to $703.55 at market close on Friday, 3rd June 2022. The market cap of the automaker has shrunk to $728.88 billion which was more than $1.1 trillion at the start of this year.

Tesla Accessories by EVANNEX.
– Sponsored –

Here’s Musk’s leaked email in its entirety:

Tesla will be reducing salaried headcount by 10%, as we have become overstaffed in many areas.

Note, this does not apply to anyone actually building cars, battery packs, or installing solar. Hourly headcount will increase.


In the 2nd week of May, Musk said that Tesla is facing unprecedented demand and the company might even stop taking orders beyond a certain time limit. Elon Musk’s lay-off email does not hint that the demand for Tesla vehicles id decreased as the technical and engineering staff that’s working in the field or on the factory floor will not be affected by this layoff.

According to the SEC filings, Tesla had 100,000 employees at the end of 2021. But the automaker has never shared a segmented report that highlights the technical and non-technical staff. The last two emails by Musk addressed the “office” staff, not the people actually working on-ground.

By increasing the “hourly headcount”, Tesla is actually going to increase vehicle production, not decrease it, which means the demand is still strong and growing.

Some analysts think this layoff campaign by Tesla is nothing to worry about and the automaker has done it before in the previous years and has come out of the situation even stronger.

– Advertisement –

Stay tuned for constant Tesla updates, follow us on: 
Google News | Flipboard | RSS (Feedly).


Iqtidar Ali
Iqtidar Ali
Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. You can reach him on Twitter @IqtidarAlii

Latest News

Tesla (TSLA) wins a multi-billion dollar Megapack deal for battery energy projects in California and Texas

Tesla Energy (TSLA) won a multi-billion dollar deal for supplying its large Megapack batteries to Intersect Power. This battery...

Tesla (TSLA) raises prices of its flagship Model S and Model X EVs in the US and Canada

Tesla, Inc. (TSLA) increased the prices of its flagship luxury sedan Model S and luxury electric SUV Model X...

Tesla Model Y RWD owners can unlock 50 miles of extra range for $1,600 via an OTA update

Tesla (TSLA) is now offering some of its Rear-Wheel Drive (RWD) Model Y owners a chance to unlock 50...

Elon Musk explains the reason behind the delay of the Robotaxi unveiling event

Tesla CEO Elon Musk announced the unveiling date of the Robotaxi a few months ago. The automaker originally planned...
- Advertisement -

SpaceX performs a static fire test on Flight 5 Super Heavy rocket booster (videos, pics)

SpaceX conducted a static fire test on the Flight 5 Super Heavy rocket booster yesterday. This specific version of...

Watch the Flight 4 Super Heavy booster make a vertical splashdown landing in the ocean, Flight 5 landing will be caught by tower arms

It has almost been 3 weeks since Elon Musk's SpaceX launched Starship for the 4th time from its Starbase,...

Flight 4 Starship survives reentry burn and makes a successful splashdown landing

Yesterday’s Starship launch (Flight 4/IFT-4) accomplished all of its goals. The successful launch and reentry of both Super Heavy...

Tesla Tips & Tricks

Tesla Quarterly Reports & Eearnings

Tesla (TSLA) stock grew more than 40% in an 11-day rally

The share price of Tesla, Inc. (NASDAQ: TSLA) closed...

Tesla (TSLA) makes a comeback with 57,146 more EVs delivered in Q2 2024 compared to Q1

Tesla (TSLA) announced the company's Q2 2024 vehicle production...
- Advertisement -

You might also likeRELATED
Recommended for You