How Many People Work at Tesla?
The latest employee numbers show that Tesla is employing 121,858 workers as of June 2024. This has been a 14% layoff in workers since December 31, 2023, when their workforce had 140,473. Elon Musk also mentioned in April that Tesla was going to initiate layoffs of around 10% globally in the next year.
In April, Elon Musk announced that Tesla would initiate layoffs of around 10% globally over the next year. By June 2024, Tesla's workforce had decreased to 121,000 employees, reflecting a 14% reduction since December 31, 2023, when the company employed 140,473 workers.
Timeline of Tesla's Employees Since the Launch in 2003
This timeline shows the development of Tesla's staff count since the company's inception in 2003:
What is Tesla?
Tesla, Inc. is an American electric vehicle and clean energy company founded in July 2003 by Martin Eberhard and Marc Tarpenning in San Carlos, California.
Today, Tesla is a global leader in electric vehicles, energy storage solutions, and solar energy products. Under the visionary leadership of CEO Elon Musk, who joined the company in 2004, Tesla has revolutionized the automotive industry with its innovative technology and commitment to sustainability. With a growing lineup of electric vehicles, including the Model S, Model 3, Model X, Model Y, and the upcoming Cybertruck, Tesla continues to push the boundaries of what is possible.
The company is also expanding its Gigafactory operations worldwide to increase production capacity and meet the rising demand for clean energy solutions. As Tesla moves forward, it remains dedicated to accelerating the world's transition to sustainable energy.
If you want to read more like this, make sure to check out our article on how many people work at X (Twitter).
The Executive Team at Tesla
Here are the top employees at Tesla who project the direction the company will move in future years:
Elon Musk - CEO / President
Elon Musk serves as the CEO and President of Tesla, where he is responsible for overseeing the company's overall strategy, product development, and engineering. Under his leadership, Tesla has revolutionized the electric vehicle market, pushing the boundaries of innovation and sustainability.
Before founding Tesla in 2003, Musk co-founded PayPal, which transformed online payments, and SpaceX, which aims to make space travel more affordable and accessible. His visionary approach has positioned Tesla as a leader in the automotive and energy sectors, driving the transition to renewable energy.
Tom Zhu - Senior Vice President, Automotive
Tom Zhu serves as the Senior Vice President of Automotive at Tesla. He is responsible for overseeing the company's automotive operations, including manufacturing, supply chain management, and vehicle delivery.
Since joining Tesla in 2014, Tom has played a pivotal role in expanding Tesla's presence in China, one of the company's most important markets. His leadership has been instrumental in ramping up production at Tesla's Gigafactory Shanghai, which has significantly contributed to Tesla's global production capacity. Tom's strategic insights and operational expertise continue to drive Tesla's growth and efficiency in the automotive sector.
Vaibhav Taneja - Chief Financial Officer
Vaibhav Taneja serves as the Chief Financial Officer of Tesla, where he oversees the company's financial operations, including financial planning, risk management, and investor relations. Vaibhav joined Tesla in 2017 and has held various roles within the finance department, demonstrating a deep understanding of the company's financial landscape.
Before becoming CFO, he played a key role in integrating Tesla's acquisition of SolarCity, streamlining financial processes, and enhancing operational efficiencies. Vaibhav's comprehensive financial acumen and strategic vision are crucial in supporting Tesla's ambitious growth plans and maintaining its financial health.
The Highlights of Tesla's History
Here are the most notable moments and statistics since the launch of the company since 2003:
2003 - Founding of Tesla
- Tesla was founded in July 2003 by Martin Eberhard and Marc Tarpenning.
- The company was established in San Carlos, California.
2004 - Elon Musk Joins Tesla
- Elon Musk joined Tesla as Chairman of the Board after leading an initial Series A funding round.
- Musk invested $6.5 million of his own money into the company.
2008 - Launch of the Tesla Roadster
- Tesla launched its first vehicle, the Tesla Roadster.
- The Roadster was the first production car to use lithium-ion battery cells and had a range of 245 miles per charge.
2010 - Tesla Goes Public
- Tesla became a publicly traded company on June 29, 2010.
- The initial public offering (IPO) was priced at $17 per share.
2012 - Introduction of the Model S
- Tesla introduced the Model S, a luxury all-electric sedan.
- The Model S received critical acclaim and numerous awards, including Motor Trend's 2013 Car of the Year.
2015 - Launch of the Model X
- Tesla launched the Model X, an all-electric SUV.
- The Model X featured distinctive falcon-wing doors and advanced safety features.
2016 - Acquisition of SolarCity
- Tesla acquired SolarCity, a solar energy services company, for $2.6 billion.
- The acquisition aimed to create a vertically integrated sustainable energy company.
2017 - Introduction of the Model 3
- Tesla introduced the Model 3, a more affordable electric sedan aimed at the mass market.
- The Model 3 quickly became one of the best-selling electric vehicles globally.
2019 - Launch of the Model Y
- Tesla launched the Model Y, a compact all-electric SUV.
- The Model Y shared many components with the Model 3 and offered a similar range and performance.
2020 - Gigafactory Expansion
- Tesla expanded its Gigafactory operations with new facilities in Shanghai, Berlin, and Texas.
- These Gigafactories significantly increased Tesla's production capacity and global reach.
2021 - Record Deliveries and Financial Performance
- Tesla achieved record vehicle sales, surpassing 500,000 units for the first time.
- The company also reported its first full year of profitability.
2022 - Introduction of the Cybertruck
- Tesla unveiled the Cybertruck, an all-electric pickup truck with a futuristic design.
- The Cybertruck generated significant interest and pre-orders, showcasing Tesla's innovation in vehicle design.
2023 - Continued Innovation and Growth
- Tesla continued to innovate with advancements in battery technology and autonomous driving.
- The company expanded its product lineup and increased production capacity to meet growing demand.
2024 - Workforce and Strategic Adjustments
- By June 2024, Tesla's workforce stood at 121,858 employees, reflecting strategic adjustments and layoffs.
- The company remained focused on scaling operations and maintaining its leadership in the electric vehicle market.
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