Li Auto is reportedly undergoing a significant workforce reduction, affecting approximately 18% of its employees, totaling over 5,600 individuals. The downsizing efforts are particularly notable […]
Tag: layoffs
Tesla Shifts Away from One-Piece Gigacasting: Cost-Cutting Measures Amidst Self-Driving Focus
Tesla has decided against pursuing its plan for one-piece gigacasting, choosing instead to maintain its current method of casting vehicle underbodies in three separate parts: […]
Turbulence at Tesla: Job Cuts, Executive Departures, and Strategic Shifts Shake EV Giant
Tesla’s premarket shares dropped by 2.35% after confirming substantial job cuts and the departure of key executives. The electric vehicle (EV) giant disclosed plans to […]
Tesla Rumored to Prepare Major Layoffs, Electrek Reports
There are rumors circulating that Tesla is gearing up for a significant round of layoffs – as reported by Electrek. Tesla has informed Gigafactory Texas […]