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Elon Musk, the CEO of Tesla, has weighed in on the ongoing debate regarding the pricing of the company's Full Self-Driving feature. read more
Showers and thunderstorms are likely in St. Louis Tuesday and some could produce damaging hail and wind. A couple of tornadoes can't be ruled out either. Get all the details on the hazards and the timing of the storms in our latest forecast.
X owner Elon Musk announced Monday that new users would soon need to pay a small fee to post on the site.
In 2023, Hyatt acquired Mr & Mrs Smith hotels — a portfolio comprising more than 700 luxury and boutique hotels. This exciting new partnership adds 20-plus countries, including Fiji, Namibia and the British Virgin Islands, to Hyatt’s global portfolio. On Wednesday, the independent properties began being integrated into World of Hyatt‘s network, meaning travelers can …
Tesla has ended discounts on inventory across its electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline the whole Tesla sales and delivery system.” “It has become complex and inefficient,” Musk wrote in a post on X, the […] © 2024 TechCrunch. All rights reserved. For personal use only.
Musk responded to a parody video by YouTuber Ross Smith featuring two women
Tesla’s rocky year — plagued by price cuts, recalls and layoffs — continued Monday as shares of Elon Musk’s electric vehicle company dropped more than 3% ahead of Tuesday’s much-anticipated quarterly earnings. Tesla stock fell for the seventh straight day, closing at $142.05, its lowest price since closing at $133.42 on Jan. 20, 2023. Since
Elon Musk has reportedly indicated that Tesla will slash more than 10% of its workers."Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," Musk noted in a message to employees, according to CNBC....
Tesla CEO Elon Musk at one point wanted the EV giant to trim its workforce by 20%, Bloomberg reported on Sunday, citing a person familiar with the matter.The reduction, Musk reasoned, should match the reduction in vehicle deliveries between the fourth quarter of 2023 and the first quarter of 2024, per Bloomberg.Earlier this month, Tesla said it delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the previous quarter. The delivery drop was the company's lowest quarterly...
Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances. read more
Companies are appointing executives to oversee AI. A better approach: infuse the technology throughout the organization.