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Elon Musk announced to lay off more than 10% of Tesla employees

Previously, Musk admitted that China, where a large Tesla factory is located, could also be the company’s strongest competition. “There are a lot of people out there who think the top 10 car companies will be Tesla and the nine Chinese car companies. I think they’re probably not wrong,” Musk said in November 2023.

Earlier this month, Tesla announced data showing that, for the first time since 2020, the number of cars delivered to customers decreased by 8.5% in the first quarter compared to the same period in 2023. The first three months of 2024 , the American electric car company delivered 386,810 vehicles, despite continuous discounts and incentives for customers.

Recently, Tesla reduced the subscription price of its premium driver assistance system (FSD) for US customers. The move strongly contradicts Musk’s previous commitment that FSD costs would only increase as Tesla adds features and functionality to the system. Even though it is advertised as completely self-driving, the driver must pay attention to the road and be ready to steer or brake at any time.

Tesla warns investors that vehicle growth this year “could be significantly lower” compared to the pace recorded in 2023.

Logistics challenges exacerbate Tesla’s problems this year. Component supplies were disrupted by maritime attacks by Houthi forces in the Red Sea, while a factory near Berlin, Germany was forced to briefly suspend production due to suspected arson at a transformer station. electricity nearby.

On April 15, Tesla directors – Drew Baglino and Rohan Patel – announced they would leave the company. Baglino has worked at Tesla since its early years as an electrical and software engineer in 2006. Patel joined Tesla in 2016 after serving as a senior advisor to former US President Barack Obama on climate and other issues. other policies.

According to the news agency Reuters, They have seen emails sent to at least 3 Tesla employees in the US announcing their dismissal, effective immediately.

(Theo CNBC, Reuters)

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