Tesla Continues Layoffs: Service, Software and Engineering AmongTeams Affected — EV

- Tesla has started a new round of layoffs affecting service, software, and engineering teams - Employees were informed through email that May 5th would be their last day at the company - This is the third round of layoffs since a 10 percent cut announced in April - Tesla's SVP Tom Zhu is reportedly returning to China as Vice President for the market - Other executives like Rebecca Tinucci and Daniel Ho have left the company - Tinucci had been with Tesla for 6 years and will be laid off along with her team of 500 people

Summarized top reddit comments: - Layoffs at Tesla affecting various teams including Service, Software, and Engineering - Criticism of Elon Musk's $50 billion pay package potentially preventing layoffs - Speculation on Tesla's decline and impact of leadership - Comparisons to other companies and predictions for Tesla stock performance - Suggestions of investment opportunities in Tesla amid layoffs and potential stock fluctuations.