Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

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Tesla internal records viewed by CNBC suggest that the company employs just over 121,000 people, including temps.

As of Dec. 31, Tesla had 140,473 employees worldwide, according to a filing, a number that includes hourly and salaried workers.Tesla's

The latest figure is not from precise payroll data, but from the number of people who are on Tesla's "everybody" email distribution list as of June 17, a tally viewed by CNBC.sent an email to "everybody" that day. He told employees that, "Over the next few weeks, Tesla will be doing a comprehensive review to provide stock options grants for exceptional performance.

The broader cuts coincide with a slippage in sales at Tesla as the company reckons with an aging lineup of electric vehicles and increased competition in China as well as brand deterioration that aAcross the auto industry, EV sales growth slowed this year after two years of rapid expansion. The slide was particularly acute for Tesla, whose Model Y was the top-selling car worldwide in 2023.

 

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