DIGIVESTASI - American car and energy storage company Tesla has made another round of layoffs. This time the layoffs targeted 601 employees in California.  These layoffs add to the long list of labor reductions carried out by the company over the past month.

The reason is always the same, namely declining sales and price competition in the market. Reported by Reuters, Wednesday (May 15), this latest layoff plan will specifically affect employees at Tesla facilities in Palo Alto and Fremont, California. Layoffs will begin for 14 days starting June 20, 2024. 

Tesla is actually actively downsizing the employee structure within the company. In mid-April, Tesla CEO Elon Musk said the company would lay off more than 10% of its workforce worldwide. 
The total number of Tesla employees will reach 140,000 by the end of 2023.  

Prior to the layoffs in California, Tesla warned that it would cut staff in its software, service, and engineering departments. This is not the first time Tesla has laid off employees. Last month, Tesla revealed plans to lay off more than 6,700 employees at its factories, including in Texas, Nevada, New York and California. 

With this policy, this year, Elon Musk and company have fired more than 35,000 workers, including senior officials such as Drew Baglino and Rohan Patel from the operations department, said Rebecca Tinucci, senior director of Tesla's chief charging officer, and Daniel, chief operating officer. charging. Tesla's development program. Lake. 

Coded Issuer (TSLA.O) last month estimated that it would spend more than $350 million, or about Rp 5.6 trillion (assuming an exchange rate of 16,052 rupees per US dollar), to pay for subsidies that were stopped due to a series of mass layoffs until the second quarter. 

They are currently facing various difficult situations such as declining sales and a fierce price war due to the slow adoption of electric vehicles worldwide. Rising global interest rates are known to be one of the reasons why the transition to electric vehicles (EVs) is getting slower. Some analysts believe that Tesla wants to focus on automated transportation, such as self-driving car software, robotaxis services, and humanoid robots (robots that mimic human behavior).

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