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submitted 2 years ago by MicroWave@lemmy.world to c/news@lemmy.world
  • Elon Musk wanted Tesla to reduce its workforce by one-fifth, Bloomberg reported.
  • Musk wanted the layoffs to match the drop in quarterly vehicle deliveries. 
  • Tesla delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the last quarter.

Tesla CEO Elon Musk at one point wanted the EV giant to trim its workforce by 20%, Bloomberg reported on Sunday, citing a person familiar with the matter.

The reduction, Musk reasoned, should match the reduction in vehicle deliveries between the fourth quarter of 2023 and the first quarter of 2024, per Bloomberg.

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[-] uberdroog@lemmy.world 102 points 2 years ago

This is where real business men shine. Anyone can ride the wave of right place, right time. It blows my mind how much of our tax dollars are funneled to this bafoon.

this post was submitted on 22 Apr 2024
360 points (97.6% liked)

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