New Data Show Hiring At Tesla Soared 33% Since June

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Hiring at Tesla has been soaring — up 33% since June according to research done by Thinknum. Another article by Dealbreaker shows that Tesla’s hiring has gone up 63% since the spring.

Tesla has had a really amazing, yet intense, year: a record-breaking second quarter, the Model Y reveal, development of a pickup truck, new US records for safety scores (and even being cited as too safe to be included in a safe vehicles list — because there weren’t enough accidents for to collect data from). The Tesla Model 3 has also landed in Australia, Europe, Japan, and other places, and people are taking delivery at a quicker and quicker rate. China has embraced Tesla like a long lost friend, with open arms, while Tesla’s home front, the US, is highly divided. Some support Tesla, some want to see it go bankrupt.

The fact that China is putting its full support behind the Gigafactory 3 — a factory fully owned by an American company (ironic since the US and China are kind of at odds right now) — just shows how much people around the world love Tesla. So, it’s no wonder why Tesla is hiring so much. Data from Thinknum show that not only is Tesla hiring, but many of the jobs are service-related jobs.

Chart: Tesla job openings
The above graph gives you a visual of Tesla’s increase in job openings from June 23, 2019, through September 8, 2019. One of the things that Thinknum points out is that many customers have vehicles over 7 years old — and could be re-entering the auto market, a market that has many more electric vehicle options than there were a few years ago.

Service and energy installation jobs are the categories with the highest number of job additions, followed by engineering and information technology. Manufacturing, sales and customer support, supply chain, and finance follow in that order. This shows where Tesla’s focus is:

Chart: Tesla job listing categories

The job listings show that Tesla is confidently growing. This is not a company struggling and concerned about sales in the next quarter. A few years ago, electric vehicles seemed like a thing of fantasy, or something out of the reach of an ordinary person. Today, there are Tesla vehicles everywhere. And since Tesla isn’t the only electric vehicle producer out there, the compelling nature of its electric vehicles is forcing the competition to make their own compelling EVs (Porsche is a great example). This helps to challenge Tesla, but it’s also fundamentally Tesla’s mission — accelerating the transition to electric transport and sustainable energy, beyond what Tesla can do on its own.

As a quick side note here, a few other articles about Tesla’s hiring boost only point out the 33% growth and its relation to the auto industry. However, as you can see in the first graph, the largest number of jobs Tesla is hiring for are energy and installation jobs. So, while some articles are pointing to Tesla’s hiring as a downside and a cost for its auto business, they are overlooking the fact that Tesla is an energy company as well. Not everyone who purchased a product from Tesla this month bought a car. Some are solar customers. Some are battery customers. Some are all of the above.

Service, energy installation, engineering, IT, and manufacturing jobs are needed for Tesla to make both electric vehicles and solar panels, as well as Powerpacks and Powerwalls. Remember, Tesla is more than just an automaker.

One thing for certain, though, is that when an American company’s job openings start to increase, this is a great thing for the American economy.

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Johnna Crider

Johnna owns less than one share of $TSLA currently and supports Tesla's mission. She also gardens, collects interesting minerals and can be found on TikTok

Johnna Crider has 1996 posts and counting. See all posts by Johnna Crider