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Home News Business

Another Wave Of Layoffs Is Coming To Tesla Next Year

Aayat AlibyAayat Ali
December 21, 2022
in Business, Workforce
Reading Time: 1 min read
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Another Wave Of Layoffs Is Coming To Tesla Next Year

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Tesla will conduct another round of layoffs early next year according to new reports. 

According to sources, Tesla will conduct a hiring freeze during the first quarter of 2023. This comes as analysts slashed their price targets for the electric vehicle-maker.  

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Some experts cite Elon Musk being distracted as a reason for Tesla stock falling in recent months, as he has gripped headlines with his short reign as Twitter’s CEO.   

Last June, Musk said that Tesla would be cutting its salaried workers by around 10%   

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Yardi Kube automates flex and coworking operations

Musk in June said Tesla would cut salaried employees by roughly 10% over the next three months. 

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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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