Tesla Reports Over 10% Employee Reduction By Year-End Following April Layoffs

EV giant Tesla Inc (NASDAQ:TSLA) had 125,665 employees as of December end, down 10.5% year-on-year, following a layoff in April, the company said in a new filing.

What Happened: As of Dec. 31, 2023, Tesla's headcount worldwide was at 140,473, according to the company’s annual report.

In April 2024, Tesla laid off 10% of its global workforce, which seemingly impacted over 14,000 employees. Several then-senior Tesla executives, including Rohan Patel, Drew Baglino, and Rebecca Tinucci subsequently left the company.

Tesla’s employee headcount has been rising steadily ...

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