Tesla top execs jump ship as 14,000 job cuts announced  

Tesla top execs jump ship as 14,000 job cuts announced  

Tesla top execs jump ship as 14,000 job cuts announced   1004 1016 Batteries International

April 19, 2024: Two of Tesla’s senior staff have resigned in the aftermath of the company confirming it would be laying off more than 10% of its global workforce.

Drew Baglino, senior VP for powertrain and energy engineering reported directly to Musk, and Rohan Patel VP of public policy and business development both confirmed their resignations on their X accounts on Monday.

Musk responded by thanking them both for their service.

Rohan Patel, VP of public policy and business development

Baglino said: ‘‘I made the difficult decision to move on from Tesla after 18 years yesterday. I am so thankful to have worked with and learned from the countless incredibly talented people there over the years.”

Patel was at Tesla for eight years and called himself the ‘luckiest dude’ in a post on X. He also has government experience, having served as a climate and energy policy senior adviser to US president Barack Obama during his second term.

Neither responded when Batteries International tried to contact them. Baglino said on X: “Looking forward, I have no concrete plans beyond spending more time with my family and young kids. But, as people who know me well can attest, I have difficulty sitting still for long!”

Separately, Tesla shares dropped this week after an internal memo was leaked announcing layoffs which commentators speculate could reach as much as 20% of its workforce in some divisions.

Musk sent a company-wide email last weekend announcing the job cuts, saying the “difficult decision” to reduce staff will “enable us to be lean, innovative and hungry for the next growth phase cycle.”

Tesla, which reports its quarterly earnings on April 23 reported a decline in vehicle deliveries in the first quarter — its first in nearly four years — blaming a drop in EV car demand, the arson attack at its factory near Berlin and supply-chain issues caused by the Red Sea conflict.