Musk says Tesla could create its own bespoke chips, but it would rather not for now.
The EV company keeps pushing its “next phase of growth” message, but it’s getting harder to look past a slump in vehicle sales and its unexciting lineup.
Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affectedBusiness live – latest updatesTesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, as the electric carmaker reacts to slowing demand and pressure on prices.The chief executive, Elon Musk, announced “the difficult decision” in a memo first reported by the online publication Elektrek. Tesla employs 140,473 people, according to its annual report....
Tesla customers claim they already paid for their Cybertrucks, with no delivery. Some were told that the problem involves the parts for the truck's accelerator. 'We do not have a clear direction just yet' a Tesla rep told an impatient customer. READ MORE:
Reuters reported Tesla scrapped its Robotaxi plan. Elon Musk tweeted otherwise. We'll see come August.
A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, continues to disrupt operations, a union said on Wednesday, and is drawing scrutiny from investors despite Elon Musk saying the storm is over. For months Tesla has been under pressure in the Nordics, with sympathy actions since October backing Swedish IF Metall's mechanics' demand for a collective agreement. Postal workers, garbage collectors, repair centres, port workers, electricians, and cleaners are among...
Rising medical, auto repair and vehicle costs now mean drivers could be underinsured. Here’s how to be sure you’re fully covered.
Rising medical, auto repair and vehicle costs now mean drivers could be underinsured. Here’s how to be sure you’re fully covered.
Tesla stock is priced for a mainstream, autonomous future, but the company faces strategic uncertainty, leadership troubles, and hardening competition.
Elon Musk’s recent presentation on SpaceX’s ambitions for making life multiplanetary provided an expansive overview of the company’s current projects and its future aspirations. Musk’s vision, deeply rooted in the existential perspective that humankind must become a multiplanetary species to ensure the long-term survival of consciousness, continues to drive SpaceX’s innovative advancements in space technology. […]
If you need a cheap iPhone, a spare iPhone or simply an inexpensive handset to give to a child then look no further than this incredible offer. Right now you can get a refurbished iPhone SE 2020 for as little as £99 when you shop at Giffgaff. That £99 model is in full working condition but listed as ‘good’ from a cosmetic standpoint, so if you’d rather have a pristine-looking handset then you’re better off opting for a ‘like new’ model which costs just £169. Just in case something happens...
Tesla announced global workforce reductions of "more than 10%" in an internal email Monday to staff from CEO Elon Musk, according to electric-vehicles.com, a specialist outlet, in a report later covered by Reuters.Newsweek has not seen the original email and was unable to verify its content. Tesla did not respond to a request for comment.The ContextThe reported layoffs come amid a tough start to the year for Elon Musk and his electric-vehicle company. Quarterly results released at the beginning...