The California-based company said, earlier in the month, that "production bottlenecks" had left Tesla behind its planned production expansion for a new cut-price model.
The Palo Alto-based company confirmed the cuts in a statement on Saturday but did not disclose how many of its 33,000 workers were jettisoned.
Speaking to Mercury news, a Tesla Spokesperson said: "Like all companies, Tesla conducts an annual performance review during which a manager and employee discuss the results that were achieved, as well as how those results were achieved, during the performance period".
The launch of InsureMyTesla in the United States comes after CEO Elon Musk took issue with reports earlier this year that insurer AAA was raising rates to insure Tesla vehicles in some markets, citing high claim frequencies and costs. As with any business, the performance reviews hardly result in worker departures.
Tesla has fired an undetermined number of employees following a series of performance evaluations after the company significantly boosted its workforce with the purchase of solar panel maker SolarCity.
Workers in sales manufacturing and administrative roles were fired after the annual reviews were gone through. Although some employees told the paper that firings hurt morale. Date of entry: 15.10.2017 14:59 electric vehicle giant Tesla has put an end to work of almost 400 employees on grounds that ir performance is low.
In the third quarter of the current financial year, the company delivered 220 Model 3 sedans, while 260 were produced. The overall attrition rate of employees will be about the same as past year, the company was quoted as saying.