An electric motor includes: a stator including a first stator core, a second stator core, and a slot in which a stator winding is disposed, and a rotor including a first rotor core facing a first stator core in a radial direction and a second stator core facing the second stator core in the radial direction. The first stator core and the second stator core are laminated in an axial direction. The stator includes a depression formed in a position facing the slot and not touching the stator winding. A volume of the first rotor core is smaller than a volume of the second rotor core.