Tesla's Cybertruck Manufacturing Head Departs Amid Workforce Reductions
Renjie Zhu's exit highlights ongoing executive turnover and strategic shifts at Tesla as the company faces financial pressures.
- Renjie Zhu, head of Cybertruck manufacturing at Tesla, announced his departure on LinkedIn.
- Zhu's exit is part of a broader trend of senior executives leaving Tesla in recent weeks.
- Tesla is undergoing significant layoffs, with plans to reduce its workforce by 10%.
- The company reported a 55% drop in net profit for the first quarter, reflecting broader financial challenges.
- Tesla aims to scale Cybertruck production to 250,000 units annually by 2025.