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Benzinga
Benzinga
Business
Chris Katje

Here's Where Former Tesla Employees Are Getting Hired: Which 2 Rivals Have Benefitted?

Elon Musk Nasdaq Tesla Inc. Apple Electrek electric vehicle Meta Microsoft NYSE Redwood Materials

Electric vehicle company Tesla Inc (NASDAQ:TSLA) has been laying off some of its salaried workers, a move that CEO Elon Musk previewed earlier this year. A new report shows exactly where those former employees have found new work, including several of Tesla’s rivals.

What Happened: Musk announced in an email that 10% of Tesla’s workforce would be cut due to a “super-bad feeling” about the economy. A separate email from Musk said the cut would be “salaried headcount” with several areas of the company being overstaffed.

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