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Tesla goes ahead with China hiring event after Musk job warning

Published 06/09/2022, 01:42 AM
Updated 06/09/2022, 09:16 AM
© Reuters. FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at the carmaker's factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
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SHANGHAI (Reuters) -Tesla added two dozen new job postings for China on Thursday and kept open an invitation to a hiring event, a week after Elon Musk threatened job cuts at the electric car maker and said the company was “overstaffed” in some areas.

Tesla (NASDAQ:TSLA) had announced plans to hold the event online starting from 7 p.m. Shanghai time (1100 GMT) to recruit staff for “smart manufacturing” roles, according to an online post. The event was not visible from other accounts as of late Thursday and it was not immediately clear whether it had proceeded for applicants.

Tesla had no immediate comment.

Tesla had 224 current openings in China for managers and engineers under that category, according to a separate post on its WeChat account, 24 of which were newly posted on June 9.Among the posted positions are managers and engineers to supervise the operation of its 6,000-ton die casting machines known as Giga Press, one of the world’s biggest.

Tesla regularly holds such hiring events online in China, with the latest one held in May for summer interns.

Tesla’s China revenue more than doubled in 2021 from a year ago, contributing to a quarter of the total income for the U.S. automaker.The Shanghai plant, which manufactures Model 3 and Model Ys for domestic sale and export, produced more than half of the cars it made last year and Tesla is also planning to expand the factory.

However, output at the plant was badly hit by Shanghai’s two-month COVID-19 lockdown that saw it halt work for 22 days and later struggle to return to full production. Prior to this, Tesla had planned to ramp up production at the plant to 22,000 cars a week by mid-May.

Musk, the chief executive, said in an email seen by Reuters last week that he had a “super bad feeling” about the economy and needed to cut 10% of salaried staff at the electric car maker.

© Reuters. FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo/File Photo

In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by 10%, as it has become “overstaffed in many areas” but added that “hourly headcount will increase”.

Musk had not commented specifically on staffing in China.

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