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Tesla has slowed hiring by 73%, dropping 1,165 open positions in just the past month

via Joshua Fruhlinger

On May 10, 2018, Tesla was listing 3,214 open positions. As of June 10, 2018, there are just 2,049 open positions at the company. That’s a drop of 36%, or 1,165 positions.

It’s possible that Telsa is doing a lot of hiring and has simply taken the filled positions off of its job-listings site, but it’s highly unlikely that the company has been able to fill over 1,100 positions in just a month. This also comes at a time that the company has said it instends to hire 400 people a week to meet production demands at its Model 3 Fremont facility. In fact, openings in Fremont are down at a proportional factor:

The majority of the change is even more recent than May, however. A week ago, the company’s job-listings site showed 2,677 positions. Compared to today’s 2,049 positions, that’s a drop of 628 positions in just a week.

 A comparative analysis of the two dates (May 10 and June 10) revealed that around 1,600 positions have been disappeared from Tesla’s job listings since May 10, 2018, meaning some may have been reposted and removed during that time, or other positions have been added since then as those original positions were filled.

We reached out to Tesla for comment and will update here if and when we get a statement.

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TSLA (monthly) top bump and run formation — at some point, the pattern will break the center ascending line and reverse.