Layoffs at electric vehicle maker Tesla keep rolling a month after the company announced it would cut 10% of its global workforce.
While no exact numbers have been revealed, several Tesla employees reported being let go over the weekend. The cuts reportedly affected several programmers and engineers at the company.
Electrek, which covers EV and Tesla news, was the first to report the latest layoffs.
The weekend cuts are the third round of layoffs in just as many weeks as Tesla looks to reduce spending.
In late April, Tesla CEO Elon Musk announced the company would cut 10% of its workforce after reporting lower-than-expected sales figures. Industry watchers expect the company to let go more than that 10%.
The layoffs began in earnest last week when Mr. Musk announced Tesla eliminated the entirety of its Supercharger development team. He said he expects other executives to reduce their teams or be eliminated themselves to reduce redundancies.
While Tesla still dominates the U.S. EV market, overall sales of its vehicles have slowed and competition has toughened up. Overseas competition especially has increased, with Chinese EV maker BYD producing cheaper and more available models.
• Vaughn Cockayne can be reached at vcockayne@washingtontimes.com.
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