Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla
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 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 typical home value in the United States was $349,216 in February, 4.2% higher than the year before.
A list of cities with the fastest-growing home prices in Massachusetts using data from Zillow.
Tesla FSD pricing and licensing strategies for maximum adoption. 1. Allow OEM to integrate it into any car for free or at cost. Car owner pays for FSD license 2. Active safety & basics comes free 3. Leverage Supercharger deals. Offer same pricing as Tesla cars for EVs that integrate FSD hardware & share data
The IMF estimates Russia's economy will grow faster than the likes of the US, UK and Germany this year.
Official figures also highlighted the challenges faced by the country's crisis-hit property sector.
NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric
The company is dealing with lower demand and tough competition on prices.
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