Summary
– Two senior executives, Rebecca Tinucci and Daniel Ho, are leaving Tesla as part of Elon Musk’s efforts to cut costs and optimize the workforce
– Approximately 500 workers from Tinucci and Ho’s teams, including the Tesla Supercharger team, will also be affected by the reduction
– Musk is asking executives to reduce their teams to only three essential members, leading to additional executive departures from the company
– Earlier in the month, SVP Drew Baglino and VP Rohan Patel also announced their departure from Tesla
– Tesla reported 140,473 employees globally at the end of 2023, with Musk stating that the company needs to reorganize every five years for future growth opportunities.
Article
Two more senior executives are leaving Tesla as CEO Elon Musk makes serious efforts to optimize the company’s workforce. The Senior Director of EV Charging Rebecca Tinucci and Director of Vehicle Programs and New Product Introduction (NPI) Daniel Ho are reportedly departing. Tinucci has been with Tesla for over 6 years, while Ho has worked at the company for more than a decade.
In addition to the executives leaving, Tinucci and Ho’s teams, including the 500 workers in the Tesla Supercharger team and the public policy team previously led by Rohan Patel, will also be affected by Musk’s workforce reduction. Musk has emphasized the need for strict headcount and cost reduction within the company, stating that executives who do not comply will be asked to resign if they retain employees that do not meet certain criteria.
The departure of Tinucci and Ho is part of a trend of executive exits from Tesla, with former SVP of Powertrain and Energy Engineering Drew Baglino and Vice President for Public Policy and Business Development Rohan Patel also leaving earlier in the month. Musk thanked Baglino and Patel for their contributions to the company over the years.
At the end of 2023, Tesla reported having 140,473 employees globally, with Musk stating that the company needs to reorganize and streamline every five years to prepare for the next phase of growth. The recent executive departures and workforce reductions suggest that Tesla is undergoing significant changes in its leadership and operations under Musk’s guidance.
The shift towards a “wartime CEO” approach at Tesla with Musk’s focus on cost reduction and optimizing the workforce indicates a period of intense restructuring and strategic adaptation within the company. As more executives depart and teams are affected by the workforce reduction, it remains to be seen how Tesla will navigate the challenges ahead and position itself for future growth and success in the electric vehicle market.
For further updates and news tips, readers are encouraged to contact TeslaRati via email at simon@teslarati.com to stay informed of the latest developments within Tesla and its ongoing evolution under Musk’s leadership as CEO.
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