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Tesla execs Drew Baglino and Rohan Patel depart as company announces steep layoffs - TL;DR CNBC

Tesla execs Drew Baglino and Rohan Patel depart as company announces steep layoffs

Publishing timestamp: 2024-04-15 13:13:53


Summary

Tesla executives Drew Baglino and Rohan Patel are leaving the company amid layoffs. CEO Elon Musk thanked them on social media. The departure comes as Tesla shifts focus to developing "robotaxi" and faces competition in the electric vehicle market. Baglino and Patel were deeply involved in battery and vehicle manufacturing at Tesla.


Sentiment: MIXED

Tickers: TSLA, 

Keywords: electric vehicles,  elon musk,  jobs,  autos,  business news,  technology,  venture capital,  tesla inc, 

Source: https://www.cnbc.com/2024/04/15/tesla-execs-drew-baglino-and-rohan-patel-depart-amid-steep-layoffs.html


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