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Tesla Plans Hiring Surge with Focus on AI and Robotics After Recent Layoffs

Tesla Inc. is ramping up hiring efforts, aiming to fill nearly 800 positions across various fields, including AI specialists and service roles, following a period of significant layoffs earlier this year 

16-07-2024
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Tesla Inc. is gearing up for a substantial hiring spree, aiming to fill approximately 800 positions across a range of roles, including artificial intelligence specialists and service personnel. This move comes just months after the company underwent its largest layoff in history under the directive of Chief Executive Officer Elon Musk.

According to analysis by Bloomberg, Tesla has been steadily posting new job openings on its careers page in recent weeks. These positions span from AI and robotics experts to more conventional service roles.

The uptick in hiring coincides with a remarkable surge in Tesla's stock value, which has seen its market capitalization soar by over $223 billion in the last 14 trading days. During this period, Tesla's shares mostly trended upwards, except for a day when Bloomberg reported delays in the unveiling of robotaxi prototypes. Elon Musk confirmed adjustments to the vehicle design and granted additional time for the development teams.

While the addition of 800 jobs contrasts with the significant workforce reductions earlier this year, publicly listed openings provide insights into Tesla's current priorities, reflecting Musk's strategic vision for the company, particularly in AI and robotics. Many of the roles are linked to Tesla's ambitious projects, including the development of its humanoid robot, Optimus, and advancements in autonomous driving technology.

Tesla's expansion in hiring also aims to address earlier cuts that may have been too deep, while aligning with Musk's broader vision of transforming Tesla beyond an electric vehicle manufacturer into a leader in AI, robotics, and sustainable energy solutions.

The company has not yet responded to requests for comment on its recent hiring initiatives. Despite regulatory challenges and technological hurdles in deploying autonomous vehicles, investors remain optimistic about Tesla's long-term prospects in disrupting the automotive industry with innovations in self-driving technology.

In addition to AI and robotics, Tesla is also focusing on expanding its energy storage business, which has seen significant growth in the deployment of megawatt hours' worth of products in the first half of this year compared to all of 2023. The company continues to hire for energy-related positions across various locations, indicating robust expansion in its energy solutions division.

Tesla's recruitment drive spans multiple locations including Palo Alto, Fremont, and Lathrop in California; Austin and Robstown in Texas; Sparks in Nevada; and Buffalo, New York. Beyond AI and energy roles, the company is seeking talent in construction, facilities, manufacturing, engineering, and supply chain management.

As Tesla accelerates its hiring efforts, it aims to reinforce its leadership in cutting-edge technologies while navigating the complexities of scaling its operations amidst global market dynamics and regulatory landscapes.

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