Amazon, Google-Funded EV Startup And More Companies Scramble To Snag Tesla's Laid-Off Employees
Portfolio Pulse from Anan Ashraf
Amazon, Google Ventures-backed Gravity, OWL Services, and CBRE are actively recruiting former Tesla employees following Tesla's recent layoffs. Tesla laid off approximately 500 employees from its Supercharging team as part of its global restructuring efforts. Despite the layoffs, Tesla plans to invest over $500 million in expanding its Supercharger network this year.
May 16, 2024 | 10:14 am
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POSITIVE IMPACT
Amazon is actively recruiting former Tesla employees, particularly those from the Supercharger team, to join its EV program.
Amazon's recruitment of experienced Tesla employees could enhance its EV initiatives, potentially leading to positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
CBRE is seeking former Tesla employees for various roles in its EV infrastructure teams.
CBRE's recruitment of Tesla's experienced employees could strengthen its EV infrastructure capabilities, potentially boosting its market position.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Tesla laid off approximately 500 employees from its Supercharging team but plans to invest over $500 million in expanding its Supercharger network this year.
While the layoffs may initially be seen negatively, Tesla's significant investment in expanding its Supercharger network could mitigate the impact and maintain investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100