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Tesla is reportedly cutting more than 10% of its global staff of 140,000. The cuts for the company, which had nearly doubled its overall headcount since the end of 2020, is just the latest example of the effects of more competition and softer demand in the electric car sector. An email that CEO Elon Musk sent to staff over the weekend attributed the planned job cuts to the need for “cost reductions and increasing productivity,” according to a report from Reuters. It did not mention anything...
Tesla is laying off more than 10% of its workforce globally, according to an email reportedly sent by CEO Elon Musk.
The company is dealing with lower demand and tough competition on prices.
Because "rehabbers" are caring for squirrels, pigeons, rats and other critters in their New York City apartments, here are your afternoon links: Balthazar mice, Nova Knicks, status sleep and more. [ more › ]
The Guardians scored three times in the 11th inning and held on to beat the
A 30-day return period led to a paperwork nightmare for CarMax, which will only offer a 10-day money-back guarantee as of May 12
The Apple Watch SE 2 represents the best value in a smartwatch from Apple, but this deal makes it easier to leave your iPhone at home. The retailer AO is selling the 40mm Apple Watch SE 2with GPS and Cellular for £229. That's £60 off what Apple asks for this model and, significantly, just £10 more than Apple wants for the GPS version. The sale is on the starlight colour variety. Apple Watch SE 2 Cellular + GPS for £60 off AO is selling the Apple Watch SE 2 Cellular +...
Tesla Inc. will reduce global headcount by more than 10%, Electrek reported, as the carmaker grapples with a slowdown in electric vehicle demand.
Owen Wilson took his mini-me sons Ford Wilson, 13, and Finn Wilson, 11, to the Los Angeles Football Club's April 20 game against the New York Red Bulls.
Complete your beauty routine with an innovative product designed to enhance your skin's natural radiance. The e.l.f. Halo Glow Liquid Filter is now 10% off on Amazon, a deal any beauty enthusiast can't afford to miss. This multi-faceted product is not just a makeup, it is also a skincare. The e.l.f. Halo Glow Liquid Filter is a complexion booster that endows your skin with a flawless and dewy aura. Its science lies in its unique blend of skin-benefiting ingredients. Formulated with Hyaluronic...
CNBC Pro screened for global stocks that have had their upside potential