Tesla cancels three June online hiring events for China

Tesla cancels three June online hiring events for China


In this April 2022 photo, a Tesla store is seen in Changzhou, China. The country made more than half of the vehicles for the automaker globally and contributed a quarter of its revenue in 2021.

Sheldon Cooper | Sopa Images | Lightrocket | Getty Images

Tesla has canceled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was “overstaffed” in some areas.

However, Musk had not commented specifically on staffing in China, which made more than half of the vehicles for the automaker globally and contributed a quarter of its revenue in 2021.

The company canceled the three events for positions in sales, R&D and its supply chain originally scheduled for June 16, 23 and 30, notifications on messaging app WeChat showed late on Thursday, without stating a reason.

Tesla did not respond to a Reuters request for comment on Friday.

Notification of a June 9 event to recruit staff for “smart manufacturing” roles was not visible and it was not immediately clear it had been held as planned.

Read more about electric vehicles from CNBC Pro

The China operation is still allowing resume submission for more than 1,000 openings posted on the social media platform, such as aerodynamics engineers, supply chain managers, store managers, factory supervisors and workers.

Musk had a “super bad feeling” about the economy, he said in an email seen by Reuters last week.

In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by a tenth, as it had become “overstaffed in many areas,” but added that hourly headcount would increase.

Production at Tesla’s Shanghai plant was badly hit after the Chinese commercial hub began a two-month Covid-19 lockdown late in March.

Output is set to fall by more than a third this quarter from the previous one, outpacing Musk’s prediction.



Source

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict
World

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili is pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran. (Photo by Amirhossein KHORGOOEI / ISNA / AFP via Getty Images) / Amirhossein Khorgooei | Afp | Getty Images U.S. President […]

Read More
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
World

China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher

A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen, Guangdong province, China. Cheng Xin | Getty Images China’s consumer and producer inflation jumped more than expected in April as the Middle East conflict drives commodity costs higher, offering a reflationary boost to the economy. Consumer prices […]

Read More
South Korea’s Kospi hits fresh record as Asia markets trade mixed amid oil surge, Iran risks
World

South Korea’s Kospi hits fresh record as Asia markets trade mixed amid oil surge, Iran risks

South Korea’s Kospi opened at a fresh record Monday, leading gains in Asia-Pacific markets amid rising oil prices and escalating tensions between the U.S. and Iran. President Donald Trump’s rejection of Tehran’s latest proposal to end the war, however, stoked worries over an elongated Middle East conflict. Iran submitted a new proposal to U.S. negotiators focused […]

Read More