Tesla (NASDAQ:TSLA) has increased his workforce at its Austin headquarters by 300% year over year, per Bloomberg.
According to an annual report provided to Travis County viewed by the outlet, the total workforce at the plant increased from 3,523 at the close of 2021 to 12,277 at the end of 2022. CEO Elon Musk previously projected that the factory will eventually create “at least 20k direct & 100k indirect jobs” in a late 2021 tweet.
According to the company’s latest 10-K, the company’s total workforce rose by 29K year over year to 127,855 as of the close of 2022.
Shares of Tesla (TSLA) tumbled 3.67% on Wednesday, sliding alongside much of the auto sector.