BR100 Decreased By (-0.8%)
BR30 Decreased By (-1.01%)
KSE100 Decreased By (-0.48%)
KSE30 Decreased By (-0.47%)
AGHA 7.70 Decreased By ▼ -0.11 (-1.41%)
BECO 5.15 Decreased By ▼ -0.06 (-1.15%)
BML 57.60 Increased By ▲ 0.10 (0.17%)
BOP 34.02 Decreased By ▼ -0.01 (-0.03%)
CNERGY 9.98 Increased By ▲ 0.02 (0.2%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 53.28 Decreased By ▼ -1.42 (-2.6%)
FFL 16.60 Decreased By ▼ -0.09 (-0.54%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.29 Decreased By ▼ -0.11 (-1.49%)
KOSM 5.79 Increased By ▲ 0.02 (0.35%)
LOTCHEM 29.18 Decreased By ▼ -0.14 (-0.48%)
MLCF 92.40 Decreased By ▼ -1.96 (-2.08%)
NBP 201.93 Decreased By ▼ -1.12 (-0.55%)
NCPL 56.83 Decreased By ▼ -0.17 (-0.3%)
NPL 67.20 Decreased By ▼ -0.50 (-0.74%)
OGDC 314.20 Decreased By ▼ -1.64 (-0.52%)
PACE 10.57 Decreased By ▼ -0.07 (-0.66%)
PAEL 42.25 Decreased By ▼ -0.95 (-2.2%)
PIBTL 16.46 Decreased By ▼ -0.28 (-1.67%)
PPL 216.00 Decreased By ▼ -3.78 (-1.72%)
PRL 51.08 Increased By ▲ 1.89 (3.84%)
PTC 70.00 Decreased By ▼ -0.53 (-0.75%)
SSGC 27.00 Decreased By ▼ -1.25 (-4.42%)
TBL 9.74 Decreased By ▼ -0.12 (-1.22%)
TELE 8.68 Decreased By ▼ -0.11 (-1.25%)
TPL 18.40 Increased By ▲ 0.16 (0.88%)
TPLP 13.63 Increased By ▲ 0.36 (2.71%)
TREET 22.49 Decreased By ▼ -0.23 (-1.01%)
TRG 59.50 Decreased By ▼ -0.64 (-1.06%)
Business & Finance

Tesla says Black people hold just 4pc of its U.S. leadership roles

  • Women comprise 17pc of the company's U.S. leadership roles - directors and vice presidents - and 21pc of the overall workforce, according to the report.
Published Updated
By

Black employees make up just 4pc of Tesla Inc's American leadership roles and 10pc of its total workforce in the country, the electric carmaker has disclosed in its first U.S. diversity report.

Women comprise 17pc of the company's U.S. leadership roles - directors and vice presidents - and 21pc of the overall workforce, according to the report.

The figures for Asian, Black and Hispanic people combined are 33pc and 60pc.

The carmaker noted, though, that leadership roles were a "very small cohort", or less than 0.4pc, of its workforce.

Elon Musk's Tesla, whose meteoric rise has seen it become the most valuable auto company in the world and worth about $550 billion, acknowledged the lack of representation.

"We know that our numbers do not represent the deep talent pools of Black and African American talent that exist in the U.S at every level - from high-school graduates to professionals," it said in the Diversity, Equity and Inclusion Impact Report

"While women are historically underrepresented in the tech and automotive industries, we recognize we have work to do in this area," it added.

Tesla, based in Palo Alto, California, said it planned to increase representation of all under-represented groups next year and would be recruiting at historically Black colleges and universities.

Nasdaq Inc filed a proposal with the U.S. Securities and Exchange Commission on Tuesday that, if approved, would require all Nasdaq-listed companies to adopt new rules related to board diversity.

The rules would require most of the companies to have, or publicly explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ+.

Comments

Comments are closed for this article.