Tesla, the electric vehicle giant, is reportedly continuing its job cuts with two more top executives departing the company. According to a report from The Information, CEO Elon Musk sent an email to executives informing them that senior director of EV charging, Rebecca Tinucci, and Tesla's director of vehicle programs and new product initiatives, Daniel Ho, along with their respective teams, would be leaving the company.
In addition to these departures, the company's public policy team, led by former executive Rohan Patel, will also be dissolved. Musk emphasized the need for "hard core" cost reduction in the leaked email, stating that while some executives are taking the situation seriously, others are not.
This news comes after Tesla confirmed earlier this month that it would be reducing its workforce by more than 10%, affecting approximately 15,000 employees. Last week, thousands of Tesla workers in California and Texas were informed of their job cuts. The company also disclosed the departure of its senior vice president of powertrain and energy engineering, Andrew Baglino.
Tesla is facing challenges such as falling sales and an intensifying price war, leading to its quarterly revenue decreasing for the first time since 2020. Despite these challenges, Musk recently made progress toward rolling out Tesla's advanced driver-assistance package in China.
The report also mentioned that Tesla's decision to eliminate the Supercharger team, led by Tinucci, has been criticized by some, as she was credited with convincing rival manufacturers like Ford and General Motors to adopt Tesla's NACS plug for EVs.
Overall, Tesla's ongoing job cuts and executive departures reflect the company's efforts to prioritize cost reduction and address the challenges it is currently facing in the electric vehicle market.