Tesla cuts >10% of global workforce; SVP Baglino resigns

Tesla, Inc.

Andrew Baglino, SVP Powertrain & Energy Engineering, resigned effective April 14, 2024, after 18 years at Tesla.
Tesla announced company-wide restructuring on April 15, 2024, reducing headcount by more than 10% globally.
Tesla cites duplication of roles due to rapid growth and need for cost reductions and productivity.
Restructuring aims to prepare Tesla for next phase of growth in auto, energy, and AI.

item 5.02 item 8.01

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Departed

Andrew Baglino

Senior Vice President, Powertrain and Energy Engineering

TSLA · Tesla, Inc.

Effective: 2024-04-14
Filed: April 16, 2024, 7:59 PM ET

Andrew Baglino, Senior Vice President, Powertrain and Energy Engineering of Tesla, Inc. (“ Tesla ,”, or the “ Company ”), resigned from Tesla, effective as of April 14, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Baglino resigned as Senior Vice President, Powertrain and Energy Engineering at Tesla, Inc..

Action: resigned
Role: Senior Vice President, Powertrain and Energy Engineering

Exact text from the filing

Andrew Baglino, Senior Vice President, Powertrain and Energy Engineering of Tesla, Inc. (“ Tesla ,”, or the “ Company ”), resigned from Tesla, effective as of April 14, 2024.

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Source: SEC EDGAR

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