Tesla to cut its salaried workforce by about 10%

“A year from now, I think our headcount will be higher” both in salaried and hourly workers, but for now the headcount reduction will be 3% to 3.5%, Elon Musk said.

Tesla, now headquartered in Austin, has grown to about 100,000 employees globally and has hired rapidly in recent months. Picture: AP Photo/David Zalubowski.

Tesla Inc. is cutting its salaried workforce by about 10% over the next three months, resulting in a reduction of as much as about 3.5% in the electric-car maker’s total headcount, Chief Executive Officer Elon Musk said.

“We grew very fast on the salaried side,” Musk said in an interview with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar Economic Forum on Tuesday.