Newsletter Thursday, October 31
  • Since Tesla’s layoffs announcement in mid-April, six known executives have left the company.
  • Some of the execs have cited plans to spend more time with family, while others have stayed silent.
  • Elon Musk vowed to cut 10% of Tesla’s workforce last month and called for “hardcore” cuts Monday.

Elon Musk is down half a dozen executives.

Since Musk announced layoffs of more than 10% of its workforce in April, six executives have departed. While some cited resignations, others left as their teams were completely dissolved.

In his latest email to employees regarding further layoffs on Monday, Musk said “we need to be absolutely hard core about headcount and cost reduction,” according to a report from The Information.

Musk threatened even more executive heads could roll if deep-enough cuts weren’t made.

He said that he would ask for the resignation of any executive “who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test,” according to the report.

BI compiled a list of all the known executives that have left Tesla in the last month, in order from most to least recent.

Tesla did not respond to Business Insider’s request for comment on the executive departures.

Read the full article here

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