Coverage dated April 14, 2024 to April 15, 2024

Tesla to lay off more than 10% of workforce

Headline from FOX Business, on the newest of 2 developments

Tesla, the world's most valuable automaker, will lay off about 10% of its global workforce, a move that will affect about 15,000 workers.

FOX Business's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

    Headline from WTOP Washington DC ·

  2. Newest

    Tesla to lay off more than 10% of workforce

    Headline from FOX Business ·

Reports & sources

52 articles, oldest first.

  1. Breitbart News

    Elon's Pink Slips: Tesla Announces Layoffs of Over 10% of Global Workforce amid Growth Slowdown (opens Breitbart News)

    Published

    Breitbart News's feed description

    Elon Musk's Tesla has announced a significant reduction in its global workforce, with layoffs affecting more than 10 percent of its employees.

  2. Valdosta Daily Times

    Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report (opens Valdosta Daily Times)

    Published

    Valdosta Daily Times's feed description

    After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon

  3. WTOP Washington DC

    Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report (opens WTOP Washington DC)

    Published

    WTOP Washington DC's feed description

    DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs…

  4. Portland Press Herald

    Tesla plans to lay off 10% of its workers after dismal sales quarter (opens Portland Press Herald)

    Published

    Portland Press Herald's feed description

    The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year.

  5. NBC News

    Tesla will lay of more than 10% of global workforce: Read the Elon Musk memo (opens NBC News)

    Published

    NBC News's feed description

    Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk.

  6. New York Times

    Tesla Will Lay Off More Than 10% of Workers (opens New York Times)

    Published

    New York Times's feed description

    Elon Musk’s electric car company reported a drop in sales in the first three months of the year, and its profit margin has been falling for months.

  7. Quartz

    Tesla is slashing more than 10% of its workforce. 'It must be done,' Elon Musk says (opens Quartz)

    Published

    Quartz's feed description

    The layoffs come as Tesla has struggled to start 2024, with the electric vehicle maker's sales falling far short of expectations and the stock sinking

  8. Quartz

    Read Tesla CEO Elon Musk's leaked layoffs memo (opens Quartz)

    Published

    Quartz's feed description

    The electric vehicle maker slashed "more than 10%" of its global workforce

  9. Investor's Business Daily

    Tesla Cuts 'More Than 10%' Of Global Employees To Prepare For 'Next Phase Of Growth' (opens Investor's Business Daily)

    Published

    Investor's Business Daily's feed description

    Tesla stock fell early Monday as Tesla cut its global workforce by more than 10%, the latest sign 2024 is difficult for business.

  10. UPI

    Elon Musk tells Tesla employees he will lay of 10% of global workforce (opens UPI)

    Published

    UPI's feed description

    Elon Musk told his Tesla employees that the company will lay off more than 10% of its workforce in one of its largest workforce reductions.

  11. Times Of San Diego

    Tesla Lays Off More Than 10% of Staff Globally as Sales Fall (opens Times Of San Diego)

    Published

    Times Of San Diego's feed description

    Tesla told staff it is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).

  12. New York Post

    Tesla to slash global workforce more than 10% as it faces price war: ‘Difficult decision’ (opens New York Post)

    Published

    New York Post's feed description

    Tesla has 140,473 staffers globally as of December 2023, according to its latest annual report.

  13. Insider

    Read the memo Elon Musk sent Tesla staff announcing that the company is laying off more than 10% of the workforce (opens Insider)

    Published

    Insider's feed description

    Tesla CEO Elon Musk said in the memo, seen by BI, there's been a "duplication of roles and job functions in certain areas" as it's grown rapidly.

  14. The Oregonian

    Tesla to lay off 10% of workforce, reports say (opens The Oregonian)

    Published

    The Oregonian's feed description

    Tesla reported dismal first-quarter sales and is looking to cut costs.

  15. Green Field Reporter

    Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report - The Daily Reporter (opens Green Field Reporter)

    Published

    Green Field Reporter's feed description

    DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees.

  16. Gizmodo

    Tesla Reportedly Lays Off More Than 10% of Its Workers as Elon Musk's Troubles Multiply (opens Gizmodo)

    Published

    Gizmodo's feed description

    Musk is surely not to blame for thousands of people losing their jobs.

  17. The Guardian

    Tesla to cut 14,000 jobs as Elon Musk bids to make it ‘lean, innovative and hungry’ (opens The Guardian)

    Published

    The Guardian's feed description

    Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affected

  18. CNN

    Tesla to cut more than 10% of its global staff (opens CNN)

    Published

    CNN's feed description

    Tesla is reportedly cutting more than 10% of its global staff of 140,000.

  19. Las Vegas Review-Journal

    Tesla plans to lay off 10% of workforce, including in Nevada (opens Las Vegas Review-Journal)

    Published

    Las Vegas Review-Journal's feed description

    After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.

  20. Los Angeles Times

    Tesla to slash more than 10% of its global workforce (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    CEO Elon Musk cited job overlap and the need to reduce costs, estimating that the layoffs would affect 14,000 employees, according to the email.

  21. Washington Examiner

    Tesla to lay off more than 10% of global workforce (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    Tesla said it would lay off more than 10% of its global workforce, a major reduction that comes as the automaker looks to compete with lower-priced offerings from competitors.

  22. Honolulu Star-Advertiser

    Tesla plans to lay off 10% of workforce after dismal quarterly sales (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year.

  23. Forbes

    Tesla Stock Slides Again On ‘Ominous’ Reports Of Mass Layoffs (opens Forbes)

    Published

    Forbes's feed description

    “There is nothing I hate more, but it must be done,” Tesla’s centibillionaire CEO Elon Musk reportedly said about his company’s decision to eliminate more than 10% of its workforce.

  24. FOX Business

    Tesla to lay off more than 10% of workforce, report says (opens FOX Business)

    Published

    FOX Business's feed description

    Tesla, the world's most valuable automaker, will lay off about 10% of its global workforce, a move that will affect about 15,000 workers, a report says.

  25. Next Big Future

    Tesla Lays off More than 10% and Several Executives Have Left (opens Next Big Future)

    Published

    Next Big Future's feed description

    Elon Musk sent out a memo to all Tesla staff last night.

Showing the first 25 of 41 headlines. ·

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.