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...
Frustrated by falling sales and the pace of layoffs carried out by his lieutenants, Tesla CEO Elon Musk is thinning his senior management team and laying off hundreds more employees. In an email late Monday to senior Tesla executives, Musk said Rebecca Tinucci, senior director of the company’s
Egypt's air defense is on alert, Egyptian military and security sources
Money helps shed light on which is a better investment: gold or stocks.
The updated Tesla Model 3 "Highland" went on sale in the US in January. So it was only a matter of time before a fresh Performance model followed suit. It's finally here, and Tesla is calling it the most powerful Model 3 to date. The new Model 3 Performance has 510 horsepower and 546 pound-feet of torque. That gives it a 0-60 mph time of 2.9 seconds—the previous model did it in 3.1 seconds—and a top speed 163 miles per hour. The Model 3 Performance uses Tesla's new...
By Robin Millard Asia was the world’s most disaster-hit region from climate and weather hazards in 2023, the United Nations said Tuesday, with floods and storms the chief cause of casualties and economic losses. Global temperatures hit record highs last year, and the UN’s weather and climate agency said Asia was warming at a particularly […]
An internal investigation found that FBI agents mishandled abuse allegations by women more than a year before Nassar was arrested in 2016.
An internal investigation found that FBI agents mishandled abuse allegations by women more than a year before Nassar was arrested in 2016.
The U.S. Justice Department has agreed to pay approximately $100 million to settle claims with about 100 people who say they were sexually assaulted by sports doctor Larry Nassar
By ED WHITE (Associated Press) The U.S. Justice Department has agreed to pay approximately $100 million to settle claims with about 100 people who say they were sexually assaulted by sports doctor Larry Nassar, a source with direct knowledge of the negotiations told The Associated Press on Wednesday. The deal has not been finalized and […]
The U.S. Justice Department has agreed to pay approximately $100 million to settle claims with about 100 people who say they were sexually assaulted by sports doctor Larry Nassar, a […]
The U.S. Justice Department has agreed to pay approximately $100 million to settle claims with about 100 people who say they were sexually assaulted by sports doctor Larry Nassar, a source with direct knowledge of the negotiations told The Associated Press on Wednesday. The deal has not been finalized and no money has been paid, […]