New Delhi, May 14: Elon Musk, the CEO of Tesla, is reportedly rehiring some of the employees from the Supercharger team who were recently laid off as part of a larger plan to cut costs at the electric vehicle company.
As per a report of Yahoo Finance, Elon Musk likely to bring back a portion of employees from Tesla’s Supercharger team who were laid off last month. The decision might be a part of a broader strategy to streamline operations and focus on key priorities at Tesla. Elon Musk Announces USD 500 Million Expansion Plan for Its Supercharger Station After Implementing Massive Tesla Layoffs in Same Department; Check Details.
Tesla recently announced layoffs, with the Supercharger team being impacted. While cost savings were cited as the primary reason but the Supercharger network generates an important portion of the company’s revenues. Despite the layoffs, the Supercharger network remains a major achievement for Tesla in the electric vehicle industry.
De Zegher, Tesla North America’s director of charging was also laid off by the company. The layoffs affected nearly 500 employees of Tesla’s Supercharger team. As of now, the exact number of employees who have been rehired by Tesla remains unknown. The company has not provided specific details regarding the details of the rehiring process or the criteria used to determine which individuals would be brought back into the team.
As per a report of Tech Times, by 2022, around 40,000 Supercharger fast charging stations were already operational worldwide. It was a first step in this direction and still more will be built over time as the number of Tesla electric vehicles on the road keeps rising. Elon Musk-Run Tesla Regains Top Position in Battery EV Sales Despite YoY Decline, Says Report.
Recently, Elon Musk revealed Tesla’s plans to spend 500 million United States dollars for expanding the Supercharger network even further. This expansion is taking place at a time when there is high demand on the Supercharger network due to the company’s successful partnerships with some of the world’s major automakers.
(The above story first appeared on LatestLY on May 14, 2024 01:24 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).
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