Tesla reportedly puts Chinese exec in charge of Asia Pacific operations
Tom Zhu, president of Tesla China, will oversee Tesla's Asia-Pacific region, a position previously held by a US executive, according to Bloomberg.
Tesla (NASDAQ: TSLA) has changed its management structure in the Asia-Pacific region, with executives in the region now reporting to Greater China rather than the US, Bloomberg said in a report today, citing people familiar with the matter.
Senior executives in the region now report to Tom Zhu (or Zhu Xiaotong), president of Tesla China, meaning he now also oversees Tesla's Asia Pacific region, a position previously held by a US executive, according to the report.
This means that in the second quarter, Tesla's Shanghai plant contributed 44 percent of deliveries, down from 58.76 percent in the first quarter.
Tesla is currently laying off employees globally, with CEO Elon Musk previously saying that about 10 percent of the electric vehicle maker's salaried workforce will be cut.
Tesla's China team doesn't appear to have been spared this wave of layoffs at the company.
Tesla China has kicked off a layoff plan of about 10 percent of its workforce, but it does not involve production-related positions, Sina Tech reported on June 23, citing multiple people familiar with the matter.
This is part of Tesla's global layoff plan, one of the people familiar with the matter said.
Tesla sells record 78,906 China-made vehicles in June, CPCA data show