American electric vehicle manufacturing company Tesla has terminated its new marketing team after just four months. The company has fired a group of 40 employees, including senior managers Alex Ingram and George Milburn, who are leading this global team. According to media reports, Tesla CEO Elon Musk no longer considers traditional advertising to be effective. He says the ads created by the content team were ‘very generic’. Tesla started using traditional advertising only last year through its ‘Growth Content’ team. Then Musk had said, ‘The company will try a little advertising and see how it goes.’ The company is also currently cutting down on financial expenses. Recently there was news that the company has also laid off employees in its design studio and content team based in California. More than 6 thousand people may lose their jobs. According to news agency Routers, Tesla may lay off a total of 6020 employees. These include 3332 employees of the California plant and 2688 employees of the Texas plant. 285 employees will also be laid off from Tesla’s Buffalo plant in New York. 10% of employees will be laid off in Tesla. Last week, news came that Tesla may lay off more than 10% of its global workforce. The company is struggling with the slowdown in demand for electric vehicles, due to which a decision on layoffs may be taken soon. According to the latest annual report of the world’s largest automaker by market value, the company had 1,40,473 employees globally as of December 2023. Due to this retrenchment of the company, about 15,000 employees may lose their jobs. 55% decline in Tesla’s profits. Tesla released its March quarter results on Tuesday (23 March). It was told that in terms of earnings between January and March, the company’s profits have declined by 55% compared to the same quarter last year. During this period, the company earned $21.3 billion and its profit was $1.13 billion. The big decline in profits in this quarter is due to low sales of electric vehicles. Also read: Elon Musk’s visit to India postponed: Musk was to come to India on April 21, was to meet PM Modi. SpaceX and Tesla owner Elon Musk’s visit to India has been postponed. Now he will come to India later this year. Responding to a post on microblogging site According to people associated with the matter, Musk is scheduled to participate in a conference call in the US on April 23 to answer questions related to Tesla’s first quarter performance. Click here to read the full news Tata will make semiconductor chips for Tesla: Deal between companies, Tesla can announce car manufacturing plant in India this month Now semiconductor chips for all Tesla cars Tata Electronics Will make. American electric vehicle manufacturer Tesla has signed a strategic deal with Tata for this. According to the report of Economic Times, under this deal, Tata Electronics will manufacture chips for the global supply of Tesla. This deal has been done at a time when Tesla owner Elon Musk is going to come to India. Musk will also meet Prime Minister Narendra Modi. News agency Reuters quoted sources as saying that Musk may come to India between April 22 and 27. Click here to read full news
