Page 3 - Tesla Inc

Tesla pauses plants after ending shaky quarter with a production milestone

The Shanghai shutdown and struggles ramping up new plants contributed to Tesla shares plunging 38% in the three months that ended in June, a record quarterly drop

Elon Musk says new Tesla plants are 'money furnaces' losing billions

"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday

Tesla will cut salaried workforce by 10% over 3 months: Elon Musk

This would result in reducing Tesla's total headcount by roughly 3.5 per cent

Tesla's German hiring hitting roadblocks over inadequate wages, says union

Skilled workers are getting around 20% less at the plant than at rival manufacturers with IG Metall wage agreements, the group added, citing its own analysis.

Tesla leads automakers in self-driving vehicle crashes: US regulator

Of the 392 such crashes reported by a dozen automakers since July, six deaths were reported and five serious injuries

Tesla India policy exec quits after company puts entry plan on hold: Report

Manuj Khurana, policy and business development executive at Tesla in India, was hired in March 2021 and played a key role in forming a domestic market-entry plan for the US carmaker in the country

Elon Musk encourages Tesla staff while warning of 'tough quarter'

Musk often sends companywide emails near a quarter's end to push staff to sprint to the finish, and Tesla is known to deliver many units in the the final weeks

Musk retracts statement over job cuts, says headcount will increase

Earlier this week, Musk gave an ultimatum to Tesla employees to either return to office or get out, saying they "should pretend to work somewhere else" if they disagree with the company's policy

Tesla puts India entry plan on hold after deadlock on tariffs: Report

Tesla had set itself a deadline of Feb. 1, the day India unveils its budget and announces tax changes, to see if its lobbying brought a result, the sources with knowledge of the company's plan

Post his Twitter takeover, Elon Musk now flooded with job requests

Days after Tesla Chief Elon Musk took over control of Twitter, users of the social media site flooded his account with requests for jobs.Musk's USD 44 billion deal to acquire Twitter Inc. is still months away from closing, while some of his fans are soliciting future employment at the social media platform via the mercurial entrepreneur's Twitter feed."Hire me to run Twitter as VP of Product," wrote Nikita Bier, co-founder of a positivity-focused polling app that was acquired by Meta Platforms Inc., in a post tagging Musk on Twitter wrote, "I've been building social apps for 11 years -- and not in a way that leads products to decay like a typical BigTech 'product director dad.' Twitter has the potential to be the leading messenger, groups app & content creation tool."It's unclear how Musk envisions his leadership team -- especially the chief executive officer role. Meanwhile, Musk floated nonspecific proposals to cut both costs and jobs.Tesla Chief earlier in a regulatory filing

Elon Musk's 'free speech' push for Twitter: Is history repeating itself?

Elon Musk, the world's richest man, is spending USD 44 billion to acquire Twitter. There's just one problem: The social platform has been down this road before, and it didn't end well.

India says Tesla should not import cars from China for domestic sale

"Making in China and selling here is not a good proposition," the minister, Nitin Gadkari, said during a government conference

Explainer: What's next now that Twitter agreed to Elon Musk's bid?

Twitter's acceptance of Elon Musk's roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.

Tesla robots will be worth more than car business, says Elon Musk

Tesla is working on a humanoid robot and the prototype that will arrive sometime in 2023

Tesla's first quarter earnings 7 times more than year ago on strong sales

The electric vehicle and solar panel company made USD 3.32 billion from January through March

Tesla's Shanghai factory resumes production after over 20 days

About 8,000 employees have returned to work in the US carmaker Tesla's factory so far, Xinhua News Agency reported citing the company

Tesla plans to partly resume production in Shanghai plant soon

The plan remains vulnerable to any change in the government's Covid prevention policy, and it will take a while for the company to ramp up fully

Wall St update: Nasdaq slides 1% as surging yields hit growth stocks

Hip stocks have been among the worst casualties of the tech sell-off, down 22% so far this year compared to the 13.5% decline in Nasdaq

Elon Musk, the new Twitter biggie, may have thoughts on edit button

Tesla CEO and Twitter's largest shareholder Musk launched a Twitter poll about whether they want an edit button, misspelling yes as yse and no as on, the poll closes Tuesday evening Eastern time

Tesla adds $84 bn in a day on stock split signal; more than Ford's m-cap

Tesla added about $84 billion to its stock-market value on Monday, more than Ford's market capitalisation, after the electric-vehicle maker said it is planning a second stock split in about 2 years