Tesla CEO Elon Musk said the company has to “reorganize and streamline the
The Musk-led firm’s revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition worldwide.
The classified project is meant to enhance the US government’s ability to track military and intelligence targets from low-Earth orbits
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....
Elon Musk may be living on borrowed time as CEO of Tesla, as the Cybertruck stalls and the stock falls. Why price cuts won't help.
X just announced a smart TV app for streaming video. Or, more accurately, that it claims it's building one, with absolutely no launch date mentioned. The appropriately-named X TV wants to be “your go-to companion for a high-quality, immersive entertainment experience on a larger screen.” By high-quality entertainment, X likely means that one Tucker Carlson video where he’s really impressed by grocery carts in Russia. That’s not a joke. Carlson is featured prominently in the little teaser video....
“If you want a picture of the future, imagine a boot stamping on a human face — forever.”
Tesla and SpaceX chief Elon Musk has postponed his India trip and may visit the country only after the elections, sources in the know of the development told ET.Confirming the development, Musk said: “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year”.Musk was scheduled to meet Prime Minister Narendra Modi early next week. He was also scheduled to meet senior officials from the state governments...
Elon Musk's Xitter is trying to stall DOJ investigations again.
Residents of Twin Falls are reporting power outages across the city, mainly
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the first-quarter report.Tuesday's earnings and conference call are a moment of truth for Tesla and Musk, constituting one of the most important...
Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk remains bullish on a future that's self-driving and battery-powered.