Tesla eliminated almost its entire supercharger team, which had built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the US.
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by Chief Executive Officer Elon Musk in the last week. It comes in addition to the more than 10 per cent staff cut ordered in mid-April.
The move will slow the network's growth. There already are discussions about rehiring some of the people affected in order to operate the existing network and grow it at a much slower rate. In a post on X, Musk confirmed that Tesla will slow its expansion.
Tesla shares fell as much as 1.8 per cent in pre-trading on Wednesday.
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