---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-044588"
form_type: "8-K"
ticker: "TSLA"
cik: "0001318605"
company_name: "Tesla, Inc."
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:04:44.327476+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-044588
- form_type: 8-K
- ticker: TSLA
- cik: 0001318605
- company_name: Tesla, Inc.
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318605/000095017024044588/0000950170-24-044588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318605/000095017024044588/tsla-20240414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-044588
- JSON: https://secwatch.observer/filing/0000950170-24-044588.json
- Plain text: https://secwatch.observer/filing/0000950170-24-044588.txt

## Key facts
- Executive change
  Andrew Baglino resigned as Senior Vice President, Powertrain and Energy Engineering at Tesla, Inc..
  - Action: resigned
  - Role: Senior Vice President, Powertrain and Energy Engineering
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318605/000095017024044588/0000950170-24-044588-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.