Tesla Lays Off Over 10% of Workforce, Refocuses on Self-Driving Cars

• Tesla laid off over 10% (14,000) of its workforce across all departments and seniority levels to cut costs and prepare for next growth phase

• Layoffs hit some high performers and critical projects, with some teams seeing 20% cuts

• Shakeup aligns with Musk's priority shift towards fully self-driving cars over lower-cost EV model

• Two high-profile executives, heads of powertrain/energy and public policy, also left company

• Tesla facing profit margin pressure, aims to boost productivity before Q1 earnings report next week