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
Global vehicle deliveries fall for first time in four years amid growing competition, while Cybertruck faces recallTesla slashed prices of three of its five models in the US late on Friday, then went on to cut prices around the globe – including in China and Germany – as the company faces falling sales, a Cybertruck recall and an intensifying war for electric vehicles (EVs).On Friday, the company, led by the billionaire Elon Musk, cut the prices of the Model Y, a small SUV that is Tesla’s most...
Earlier this month, CEO Elon Musk announced Tesla will slash its workforce by 10%.
Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces declining sales. The prices of the Model X, Model Y and Model S — three of its four best-selling vehicles — were each reduced by $2,000, days after the company recorded below-anticipated delivery figures for the first quarter
The Liberals pledged in their Tuesday budget to increase humanitarian aid by $150 million in the current fiscal year and $200 million the following year.
The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.
RTX and Lockeed Martin exceed Wall Street expectations for latest quarter amid wars in Gaza and Ukraine“Exceptionally strong” demand boosted sales at two US defense giants, the companies announced on Tuesday as geopolitical tensions flare in the Middle East and Ukraine continues to fight Russia’s invasion.RTX and Lockheed Martin exceeded Wall Street’s expectations for the latest quarter as conflicts including Israel’s war on Gaza prompted countries to bolster arms spending, both by striking new...
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...
In the two decades to 2019, global plastic production doubled. By 2040, plastic manufacturing and processing could consume as much as 20% of global oil production and use up 15% of the annual carbon emissions budget.
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a U.S. media report. Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employes, will
If you’re in the market for an electric vehicle buying a Tesla will now be a little less expensive.
South Carolina-based dietitian Lauren Manaker reveals her favorite items to pick up on a trip to Costco. She highlights items that fit a Mediterranean diet and promote health.