The layoffs were announced in a company-wide email, after rumors they could reach as high as 20% of Tesla's ~140,000 global headcount.
  • dragontamer@lemmy.worldEnglish
    2·
    8 months ago

    that they would have excess inventory in the near future

    They made 4X,000+ extra vehicles in Q1 2024 than they sold. (I think 46,000? But I don’t quite remember the number).

    They don’t need pre-orders to see the literally tens-of-thousands of excess inventory that piled up in the past few weeks alone.