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
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
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 employees, will disband two departments and lay off most of the employees from the groups, reported the Information late Monday.The online technology publication quoted from a Musk email in which he vowed to be "absolutely...
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 US media report.Tesla last week reported a 55 percent drop in quarterly earnings to $1.1 billion, reflecting a decline in EV sales in a market with intensifying competition.
T The 2024 IMS Ibiza conference began today (April 24) on the event's
Polestar has announced that prototype cells fitted to a version of its upcoming Polestar 5 flagship EV have been able to do a 10-80% charge in just 10 minutes. Polestar said last year that it would place the tech in a prototype Polestar 5 gaining 100 miles in 5 minutes—this project—by 2024, and it appears to have exceeded the original
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...
CNN National Correspondent Nick Watt was forced to cut his live report short on Wednesday after being surrounded by anti-Israel protesters at the University of Southern California (USC). The atmosphere turned “unpleasant” as protesters attempted to “intimidate” Watt and his news crew, CNN reported. As Watt tried to continue his report, a protester wearing a […]
If you’re in the market for an electric vehicle buying a Tesla will now be a little less expensive.
Elon Musk has called for “absolutely hardcore” job cuts at Tesla, as the company lays off hundreds more employees in an attempt to control costs.
Tesla Inc. and SpaceX Chief Executive Officer (CEO) and X Corp. Chairman Elon Musk is seeking to prolong the recent wave of layoffs at the former company, The Information reported on Tuesday.The firin
More than half a million Hispanic workers are missing from the labor force, according to a new report, a shortfall that could present major problems for President Joe Biden‘s effort to win over the critical voting bloc. Since the pandemic, millions of jobs have been added, and the unemployment rate has returned to around where […]