Analysis: Tesla taps brakes on job ads after Musk clamps down on hiring

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Analysis: Tesla taps brakes on job ads after Musk clamps down on hiring
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Tesla has tapped the brakes on aggressive job advertising in recent weeks since CEO Elon Musk directed executives to obtain his sign off on all new hires, a Reuters analysis shows.

The small dip in ads on its website demonstrates the electric car maker's efforts to control costs amid a price war, while balancing a need to grow its workforce as it races to meet lofty growth targets.

The job ads provide a glimpse of trends within the company's hiring policy, but do not offer details about absolute numbers of new hires or attrition.Musk previously called a halt to hiring in June 2022. At that time, job ads on Tesla's U.S. website fell sharply over the next two months before rebounding in late 2022.

Since Musk's May note, Tesla has added almost 1,400 new job ads, mostly for positions in the United States, in areas ranging from software to sales to vehicle service. That shows the company continues to recruit, keeping total job ads on its website near highs.

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