Nearly 3,000 Tesla workers in Fremont, Palo Alto to be laid off in June

Tesla told the state Employment Development Department that 2,267 workers at Tesla's Fremont factory and other Fremont locations would lose their jobs, while another 486 workers at several Palo Alto sites would also be laid off. The Worker Adjustment and Retraining Notification notices filed also show that another 515 workers will be laid off at Testa facilities in the San Joaquin County city of Lathrop and 64 people will lose their jobs in Burbank.

The layoffs in California and Texas were scheduled to begin on June 14. The news of the Austin layoffs came on the same day the automaker's earnings report showed first-quarter profit plummeted 55% to $1.13 billion, compared to $2.51 billion from January to March last year. Tesla blames the slump partly on EV sales being 'under pressure as many carmakers prioritize hybrids over EVs.

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