Tesla is reportedly laying off ‘more than 10 percent’ of its workforce, loses top executives

A few weeks after reporting its first year-over-year decline in vehicle deliveries since 2020, Tesla is now planning to lay off over ten percent of its global workforce, according to an internal company-wide email seen by Electrek. That works out to at least 14,000 of the 140,473 employees that Tesla reported in its latest annual earnings. It’s not clear which teams at Tesla will be impacted.

“There is nothing I hate more, but it must be done,” said Elon Musk, in the email published by Electrek. “This will enable us to be lean, innovative and hungry for the next growth phase cycle.”

As part of the layoffs, Tesla senior vice president Drew Bagliano is said to be leaving the company, Bloomberg reports. Electrek noticed that the Tesla badge has vanished from Baglino’s profile on X (formerly Twitter), as it has from policy chair Rohan Patel. Baglino, who’s been at the company for over 18 years in several roles, is still listed as senior VP in charge of Tesla’s energy and powertrain division on LinkedIn.