Tesla job cuts are mostly in solar division
The electric car maker’s move to reduce its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6bn deal
Los Angeles/San Francisco — Electric car maker Tesla’s move last week to cut 9% of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6bn deal, according to three internal company documents and seven current and former Tesla solar employees. The latest cuts to the division that was once SolarCity — a sales and installation company founded by two cousins of Tesla CEO Elon Musk — include closing about a dozen installation facilities, according to internal company documents, and ending a retail partnership with Home Depot that the current and former employees said generated about half of its sales. About 60 installation facilities remain open, according to an internal company list reviewed by Reuters. An internal company e-mail named 14 facilities slated for closure, but the other list included only 13 of those locations. Tesla declined to comment on which sites it planned to shut down, how many employees would lose their jo...
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