An employee who had worked at Tesla for about a month learned he had been fired on Monday, local news station KVUE reported.
Ezekiel Love told the Texas-based station that he joined the electric vehicle maker a month ago to help assemble Model Y cars at its headquarters, but then received a termination letter Monday , which KVUE included in its news segment.
Love said: “Wow, no warning at all. I don’t have a job, I can’t pay my rent.”
He added: “They are supposed to be at the forefront of innovation, I feel like this would have been the best opportunity for me to learn manufacturing.”
Around midnight on Sunday, Tesla CEO Elon Musk sent a company-wide email announcing that the company was laying off “more than 10%” of its workforce globally. He said in the memo that the job cuts were intended to prepare the company for its “next phase of growth.”
But some Tesla employees didn’t find out until they arrived at work on Monday. As Business Insider’s Grace Kay reported, security told some workers that if their ID badges didn’t work, they were no longer employed.
These layoffs come after a difficult first quarter, which saw its sales fall by 20% compared to the previous quarter.
Musk appears to be taking strategic steps to correct the situation. This includes quietly removing inventory discounts on its electric vehicles in the United States, as Tesla investor Sawyer Merritt noted on X.
Musk responded: “We are simplifying and streamlining Tesla’s entire sales and delivery system. It has become complex and inefficient.”
Tesla chief is under pressure from investors as Wall Street “wants and NEEDS answers” next week during Tesla’s investor conference call, Wedbush analyst Dan Ives said in a note Monday .
Ives said on the investor call that Musk needed to present his “cost-cutting rationale, strategy for the future, product roadmap and overall vision.”
Musk announced his latest moonshot at X earlier this month and said Tesla would launch an autonomous taxi called “Robotaxi”, which he would unveil on August 8.
In an .
Tesla did not immediately respond to Business Insider’s request for comment made outside of normal business hours. Love could not be reached for comment.
businessinsider
