At least 35 top managers will report directly to Tesla boss Elon Musk in the future. This emerges from internal organizational charts available to the “Handelsblatt”. Musk is striving for more direct control and faster decisions.
In addition, Musk announced a week ago that he wanted to lay off ten percent of the workforce. The financial service “Bloomberg” reported that even more of the current 140,000 employees – up to 20,000 – might ultimately lose their jobs.
Zheng: “Elon has entered war mode again”
Longtime Tesla watcher Chris Zheng wrote on X: “Elon has re-entered war mode. Tesla veterans are familiar with this scene.”
With this, Zheng made an indirect reference to the numerous crises that Tesla has already experienced under Musk’s leadership. In 2018, the company made the step towards mass production with great effort, and in 2008 it survived serious financing problems in the wake of the financial crisis.
In 2018, Musk laid off nine percent of his workforce – followed by seven percent in 2019 and ten percent in 2022.
As if to confirm Zheng’s statement about war mode, Musk left a like behind the post on his platform X.
Tesla inspires investors despite weak numbers
Tesla shares recently jumped despite weak quarterly figures. According to experts, investors reacted to Musk’s announcement that he would soon produce a new car model.
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