Tesla (TSLA) launches another round of layoffs

Published

1 year ago

May 6, 2024

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Tesla (TSLA) launched another round of layoffs this weekend, with employees in wide-ranging roles getting their pink slip amid broader layoffs over the last 3 weeks.

Three weeks ago, Tesla started a significant wave of layoffs. The automaker announced it was laying off about 10% of its workforce.

However, we reported prior to the announcement that the layoffs could be closer to 20% of the workforce once everything is said and done.

Sure enough, Tesla had another significant wave of layoffs last week.

Now, we hear of yet another round of layoffs at Tesla.

Several sources familiar with the matter told Electrek that workers across several departments, including software, service, and engineering, have received the dreaded “employment status” email between Friday and Sunday.

The layoffs were expected after CEO Elon Musk made an example of Rebecca Tinucci, Tesla’s former head of charging, and her entire team by firing everyone last week. After the move, he emailed other executives and told them that they would also be let go if they don’t let go higher percentages of their teams.

Musk and Tesla have given several reasons for the layoffs. Musk first told employees that it was due to Tesla’s fast headcount growth over the last few years, resulting in hiring inefficiencies and role duplication.

However, he also told investors and employees more recently that it was about “restructuring for the next phase of growth”.

The layoffs also come after Tesla had one of its worst financial performances in a while due to lower-than-expected vehicle deliveries.

Electrek’s Take

I have heard from many service people getting let go since Friday, and several programmers and engineers yesterday.

It does look like another round of layoffs, the third in as many weeks.

I hope this ends soon for the sake of Tesla employees because it is a super stressful situation right now. Employees are always looking at their personal email for the dreaded email.

Several sources told me that some departments are so gutted that Tesla will likely soon realize that it will need to rehire many workers, which is something the automaker had to do after previous layoff rounds.

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Podcast: new Tesla Model S/X, Robotaxi is sort of coming, Xiaomi breaks EV Nurburgring record, more

Published

4 hours ago

June 13, 2025

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Podcast: new Tesla Model S/X, Robotaxi is sort of coming, Xiaomi breaks EV Nurburgring record, more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the new Tesla Model S and Model XX, Robotaxi is sort of coming, Xiaomi breaking the EV record at Nurburgring, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:

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Chevy closes in on Tesla with the Equinox and Blazer EVs ‘right in the heart of the market’

Published

4 hours ago

June 13, 2025

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Chevy closes in on Tesla with the Equinox and Blazer EVs 'right in the heart of the market'

Chevy is narrowing the gap with Tesla in the US, thanks to its new Equinox and Blazer EVs. After outselling Ford, Chevy is now the fastest-growing EV brand in the US.

Chevy EV registrations triple in April as Tesla slips

GM is outpacing rivals in the US with a full lineup of 13 all-electric vehicles. Its biggest star so far has been Chevy, with new EVs like Equinox and Blazer seeing strong demand.

In the first quarter, Chevy became the fastest-growing domestic EV brand, outpacing Ford. According to the latest registration data from S&P Global Mobility (via Automotive News), Chevy is not slowing down. It’s actually closing in on Tesla.

Although new EV registrations fell for the first time in over a year in April, Chevy more than tripled its share. Tesla remained the top-selling EV brand with 39,913 registrations, 16% fewer than in April 2024.

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Chevy registered 9,160 EVs in April, more than triple (+215%) that of last year. Its share of the EV market rose to 9.4%, up from just 2.8% last April.

The Chevy Equinox EV was the third most popular model, behind Tesla’s Model Y and Model 3, with 5,424 registrations. Tesla Model Y registrations fell 42% to 18,978, while Cybertruck registrations slipped 23% to 1,680.

To be fair, Tesla already said earlier this year that the new Model Y changeover would impact production in the first quarter.

Chevy’s Blazer EV ranked sixth with 2,662 registrations in April. S&P Global Mobility analyst, Tom Libby, explained that “They have the Equinox and the Blazer right in the heart of the market and they’re really benefiting from that.”

	US EV Registrations April 2025	% Change from April 2024
Tesla	39,913	-16%
Chevy	9,160	215%
Ford	5,534	-33%
BMW	4,812	8.7%
Hyundai	4,796	-25%
Cadillac	3,829	104%
Nissan	3,316	52%
Rivian	3,109	-30%
Mercedes-Benz	2,392	-19%
Acura	2,315	–

US EV registrations by brand in April 2025 (Source: S&P Global Mobility)

The Chevy Equinox EV, or “America’s most affordable 315+ mile range EV,” starts at just $34,995. No wonder it’s selling like hotcakes.

Through May, Chevrolet has sold over 37,000 electric vehicles in the US, outpacing Ford, which has sold 34,000. We will learn more when GM reports second quarter sales on July 1.

With leases starting at just $289 per month, the 2025 Chevy Equinox EV is a pretty good deal right now. Chevy is also offering 0% APR for 60 months on all 2025 EV models. Ready to try one out for yourself? You can use our links below to find Chevy EV models in your area.

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