“About every 5 years, we need to reorganize and streamline the company for the next phase of growth.”
These were the initial remarks made by Tesla‘s CEO following the announcement of the departure of two vice presidents and a workforce reduction of over 10 percent earlier today.
The world’s largest EV maker issued an email on Monday to all employees announcing a >10% reduction in its global staff representing more than 14,000 employees.
Drew Baglino, Tesla‘s Senior VP for Powertrain and Energy Engineering has resigned from Tesla on Sunday and the VP for Public Policy and Business Development Rohan Patel has also left the company.
In an internal email, Tesla’s CEO Elon Musk emphasized that “it is extremely important to look at every aspect of the company for cost reductions and increasing productivity”.
Baglino joined Tesla in March 2006 and was part of a small group that completely re-architected the control electronics and firmware of the Tesla Roadster power electronics module. He led firmware development for motor, traction, and driveline control for the Roadster.
On X, Rohan Patel said Tesla has “the best policy/bizdev team in the business” while thanking Elon Musk for “empowering” to “lead big initiatives at the company”.
In an exchange about the technology, RohanPatel had recently enhanced that the updated regulations of Driver Control Assistance Systems in Europe were “encouraging” for Tesla.
The company announced last Friday a substantial price cut for its Full Self-Driving (FSD) Supervised subscriptions in the U.S. and also introduced the subscription model in Canada at CA$99 per month.
Tesla recently reported producing 433,371 vehicles, with 386,783 delivered, falling short of Wall Street’s expectation of 431,000 units delivered.
