Tesla CEO Elon Musk posted a cryptic message on X, previously known as Twitter, amidst widespread rumours that Tesla may soon reduce its workforce.
Electrek has reported that Tesla notified employees at the Gigafactory in Texas about scaling back Cybertruck production, which sparked speculation about potential layoffs.
Staffers from various Musk-owned companies told the news outlet that they had heard rumours of significant layoffs, possibly affecting up to 20% of Tesla’s workforce and potentially resulting in the loss of tens of thousands of jobs.
Before these reports, Musk shared a cryptic meme on X indicating his indecision about dismantling a pen, reflecting his contemplative state.
The decision regarding layoffs appears complex and challenging.
Tesla’s layoff rumours surfaced following internal discontent due to postponed performance reviews and earlier price hikes this year.
Tesla’s year-over-year deliveries dropped this quarter, falling below even the most conservative forecasts.
This trend of potential layoffs is not isolated to Tesla; other tech giants, including Apple, have also recently reduced their staff, though on a reportedly smaller scale.
