In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reports dramatic sales drops compared against the same time last year.
Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more
It was so satisfying. READ MORE
BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. "Tesla prices must...
An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article
If you’re in the market for an electric vehicle buying a Tesla will now be a little less expensive.
Several Tesla cars are seeing a huge price drop just a week after Cybertrucks were physically recalled by the Elon-lead company
We love to hate a good villain, and 'The Challenge' has some of the baddest villains on reality television, from Camila Nakagawa to Devin Walker.
CEO Elon Musk postpones India trip ahead of results expected to show worst performance in seven yearsBusiness live – latest updatesShares in Tesla came under pressure on Monday after the electric carmaker announced a round of price cuts ahead of a difficult set of results for the company’s chief executive, Elon Musk.Tesla stock fell as much as 5% in early trading before recovering slightly to a deficit of 3.4% in the wake of the price reductions around the globe, including slashing the cost of...
Tesla has reduced the full price of its Full Self Driving system, and simplified the options for the feature.
Hong Kong-based crypto exchange HashKey has announced that it will stop accepting deposits and handling withdrawals to and from wallets linked to Binance.
New research led by the University of Oxford has found that perceptions of globally shared life experiences and globally shared biology can strengthen psychological bonding with humanity at large, which can motivate prosocial action on a global scale and help to tackle global problems. The findings have been published today in Royal Society Open Science.