Elon Musk initiates changes in Tesla’s leadership, continues layoffs wave

Elon Musk has initiated changes within Tesla‘s senior leadership, dismissing two executives and signaling plans for further layoffs, Reuters reported citing the information.

Rebecca Tinucci, senior director of Tesla’s Supercharger business, and Daniel Ho, head of the new vehicles programme, are departing, along with their respective teams. Tinucci’s departure affects approximately 500 employees within the Supercharger group.

Additionally, Tesla’s public policy team, led by former executive Rohan Patel, will be dissolved.

In an email to senior managers, Musk emphasised the need for strict cost reduction measures, indicating frustration with the pace of job cuts and the company’s sales decline. While some executives are reportedly aligned with this direction, Musk expressed dissatisfaction with others.

Ho, who joined Tesla in 2013 and played a significant role in the development of various Tesla models, was overseeing all new vehicle projects. Tinucci, who joined in 2018, served as a senior product manager.

This restructuring follows recent departures of other senior leaders, including Patel and battery development chief Drew Baglino, amidst Tesla’s efforts to navigate a challenging market landscape. Tesla’s quarterly revenue experienced a decline for the first time since 2020, reflecting competitive pressures and declining sales.

Despite these challenges, Musk made strides during a recent visit to China, focusing on the rollout of Tesla’s advanced driver-assistance package amid intense competition in the EV market. However, plans for expansion into India were postponed due to existing commitments.