Other household names share the spotlight, including Tesla, Netflix, Robin Hood, Snap, Coinbase and Spotify—but their layoffs are significantly less than those mentioned above. Importantly, these figures don't include the downstream layoffs, such as advertising agencies laying off staff as ad spen...
Economic shifts have led to large-scale downsizing and layoffs in tech, with tech or tech-adjacent companies like Microsoft, Indeed, Tesla, and Dell laying off thousands of workers between March and June 2024, according to data from Layoffs.fyi. Given the carnage in the tech industry, many ...
Despite his immense wealth from SpaceX and Tesla, Elon is getting desperate in his attempts to turn around Twitter’s finances.
This is ChatGPT. For example, ask it what it is and it will start by telling you, “I am not a person, but a computer program that is designed to respond to questions and provide information on a wide range of topics.” This month,TeslaCEO Elon Muskcalled it “scary good”and warne...
Steven has a point. Apparently, Musk figured this out, too. Steven reports that Musk tried to hire back some of the fired engineers, which apparently hasn't been going well. As reported, Musk has brought in some Tesla engineers to fill in the gap. But making a car hum is a rather di...
Anybody who decided to short Tesla stock over the past several years given its financial issues has gotten their face ripped off. There is one JP Morgan Tesla stock analyst who has issued 25+ sell ratings in a row, and he does this for a living!
I think there will also be some opportunistic layoffs that were coming for other reasons but can now happen and be blamed on Covid-19. A classic example is one that Wolf has been talking about for a year or more now, class 8 trucks. Yesterday Daimler layed off...
Just think of flamboyant Tesla CEO Elon Musk who, until recently, was talking about a "lights-out factory" as his vision for the future: no workers, just robots. Because robots don't need to see, no lights would be required. Investors like that kind of talk and usually appla...
As much as we’veragged on Twitter’s inept security strategy,we have to hand it to Twitter this time around. As terrible as Twitter’s first attempt at two-factor authentication was,this second go at a security upgradeis a huge improvement – here’s w...
Current and former members include Apple's late Steve Jobs, Google's Larry Page and Sergey Brin, Tesla's Elon Musk and NYC's departed mayor Michael Bloomberg. That's right – according to regulatory filings released yesterday, Zuckerberg is now a dollar-a-year man, receiving a salary of $...