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"Tesla Executives Depart and Layoffs Announced: What It Means for the Company"

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Source: CNBC
"Tesla Executives Depart and Layoffs Announced: What It Means for the Company"
Photo: CNBC
TL;DR

Tesla executives Drew Baglino and Rohan Patel have announced their departure from the company as it undergoes a round of layoffs, with Baglino having been with Tesla since 2006 and Patel joining in 2016 after working with former President Barack Obama. The departures come amid reports of a shift in strategy towards developing a "robotaxi" and increased competition in the electric vehicle market. CEO Elon Musk thanked both executives on social media, while also mentioning the need for periodic company reorganization.

Topics:businessbusiness-automotive#business-automotive#electric-vehicles#elon-musk#executive-departures#layoffs#tesla
Share this article
  1. Tesla execs Drew Baglino and Rohan Patel depart as company announces steep layoffs  CNBC
  2. Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo  CNBC
  3. What Tesla layoffs mean for Austin  Axios
  4. Tesla lays off 'more than 10 percent' of its workforce, loses top executives  The Verge
  5. Elon Musk Fires More Than Ten Percent of Tesla's Staff After Alienating Pretty Much Everyone Who Might Have Bought a Tesla  Yahoo Finance

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