The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. Itβs not clear how quickly other companies will fill the gap.
The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.
At its height, the privately held Getir was valued at nearly $12 billion after expanding quickly, buying up competitors and operating in nine countries.
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.
The second quarter βwill be a lot better,β Elon Musk, Teslaβs chief executive, said on a conference call to discuss the companyβs first-quarter results.
The dismissals escalated longstanding tensions between company leaders and activist employees opposed to supplying technology to Israelβs government.
The companyβs directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the companyβs registration to Texas, from Delaware.
Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.
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