Two of <-bsp-bb-link state="{"bbHref":"bbg://securities/TSLA%20US%20Equity/MGMT","_id":"0000018e-e339-d583-afbf-e3fd4cf10000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tesla Inc.’s top executives have left in the midst of the carmaker’s largest-ever round of <-bsp-bb-link state="{"bbDocId":"SBZIUZDWX2PS","_id":"0000018e-e339-d583-afbf-e3fd4cf10001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">job cuts, as slowing electric-vehicle demand leads the company to reduce its global headcount by more than 10%.
The cuts could reach closer to 20% in some divisions, two people familiar with the matter say.
In addition, Senior Vice President <-bsp-person state="{"_id":"0000018e-e339-d583-afbf-e3fd4cf20001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Drew Baglino resigned from the company, he said on X Monday, confirming an earlier Bloomberg report. Baglino had been one of just four named executive officers at Tesla, leading engineering and technology development for its batteries, motors and energy products.
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