Tesla is trimming over 10% of its worldwide staff, according to CEO Elon Musk’s internal memo, as reported by Bloomberg.
The company’s struggles with decreasing demand for electric vehicles and operational challenges led to a significant miss in last quarter’s delivery expectations, its first decline since 2020.
Additionally, two senior executives are departing, and Cybertruck deliveries are paused due to an unforeseen delay.
Over the weekend, a Cybertruck owner gained attention for sharing a video detailing how their accelerator pedal cover became loose, causing the accelerator to jam at full throttle.
