Tesla Faces Executive Exodus Amid Workforce Reductions

Recent layoffs and a high-profile resignation underscore the turmoil at Tesla, affecting morale and company stability.

Rich Otto, Tesla's Head of Product Launches, resigns after seven years, citing declining morale from ongoing layoffs.
Tesla's strategy of cutting entire teams has led to a series of high-level departures, including senior directors and vice presidents.
The company's workforce has been reduced by 10%, impacting around 14,000 employees, amidst falling sales and financial pressures.
Elon Musk's management style, marked by rapid changes and lack of clear communication, is increasingly scrutinized.
Comparison with VW's less chaotic layoff approach highlights potential areas for improvement in Tesla's strategy.