I'm not surprised about all the Tesla layoffs. I was surprised about the Supercharger layoffs. Tesla has significantly lowered prices on their cars over the past year. People thought it was great that prices were being lowered. But that also affected the resale value of the cars. No one ...
Following his visit, Musk fired Amir Mirshahi, the construction project’s director of infrastructure. A week later, he laid off 10 percent of the company's 140,000 employees, with more layoffs expected. Several of Tesla's senior executives have also quit the company. Tes...
Explore the history of Tesla to see how the prominent electric car company got to where it is today.
Tesla has been making widespread changes across its business to help preserve cash. One of the most notableis the massive layoffs the company has been performingover the past month or so, eliminating between 10 and 20 percent of its total employee headcount. However, it seems some of the cost...
Media coverage of mass layoffs and other cutbacks at Twitter were one of the main reasons that Musk’s lawyer, Alex Spiro, argued for the trial to be moved or at least delayed until the backlash to the harsh measures died down. But the lawyers representing Tesla shareholders in the case ...
Fears of layoffs at Tesla had been building along with Wall Street’s growing concerns. That all accelerated after the company reported slumping delivery numbers earlier this month. In the aftermath of the cuts, market watchers wonder what’s next for Tesla, writes Business Insider’s Graham Ra...
The recall came just weeks after CEO Kyle VogtleftCruise and General Motorsmade significant layoffs. The moves raised doubts about the health of self-driving industry. In October, CaliforniasuspendedCruise’s permit to operateautonomousrobotaxis in the state in response to safety incidents. ...
with a 20% drop compared to the previous quarter. The company has also implemented layoffs to cut costs and boost productivity. While this recent period has been challenging, Tesla has signaled a focus on efficiency throughout 2024, with CEOElon Muskpreviously hinting at slower sales growth for...
Media coverage of mass layoffs and other cutbacks at Twitter were one of the main reasons that Musk’s lawyer, Alex Spiro, argued for the trial to be moved or at least delayed until the backlash to the harsh measures died down. But the lawyers representing Tesla shareholders in the case ...
Thecoronavirus economic crisishas put the global automobile industry in a severe condition. With the sudden drop in travel and offices closed, the automobile industry has also seen a massive drop in sales. To cut costs, several automobile companies have announced layoffs for millions of workers aro...