Page 9 - Tesla

Tesla to slash salaried staff by about 10% in the next three months

Overall reduction to be 3.5% as hourly staff expected to grow

Elon Musk warns of supply constraints; Doha gas deals at Qatar Forum

Tesla Chief Executive Officer Elon Musk told the Qatar Economic Forum that supply constraints are the biggest brake on the electric-car maker's growth

Tesla, Elon Musk welcome to India but only as per govt policies: Minister

Elon Musk and Tesla are welcome to India but the government will not compromise in any way on the policy of Aatmanirbhar Bharat or self-reliant India, Union minister Mahendra Nath Pandey said on Saturday. American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to first sell and service its cars in the country, company founder and chief executive Elon Musk had said last month. "Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars," Musk had said in a tweet responding to a user asking about Tesla's plans to set up a manufacturing plant in India. Addressing The Global Summit by TV9 on Saturday, the Minister for Heavy Industries and Public Enterprises said: "The government under the leadership of Prime Minister Modi has moved ahead swiftly on the Aatmanirbhar Bharat policy and received a very good response ..

Musk, Tesla, SpaceX are sued for alleged Dogecoin pyramid scheme

Dogecoin was trading on Thursday at about 5 cents and is down about 67% this year

Tesla investor files suit against Elon Musk over 'toxic' work culture

A Tesla Inc. investor accused the electric-vehicle maker's officers and directors in a lawsuit of allowing a "toxic workplace culture" to fester at the company

Nearly 70% of car crashes linked to 'self-driving' in US were Tesla: Report

According to Engadget, the US NHTSA released data on 10 months of crashes between July 1, 2021 to May 15, 2022, involving cars with automated components

Will Buffett-backed BYD beat Tesla to become largest EV manufacturer?

BYD has upped its game over the past two years with a range of EVs and higher-technology lithium iron phosphate batteries, allowing it to grab global market share

Tesla FSD Beta V.11 likely to be ready for wide release soon: Musk

Tech billionaire Elon Musk has estimated that his electric vehicle company Tesla's full self-driving (FSD) Beta version 11 would be ready for wide release by the summer of 2022

Elon Musk-led Tesla to seek investor approval for 3-for-1 stock split

The company also said Oracle Corp co-founder Larry Ellison, a friend of Tesla Chief Executive Officer Elon Musk, will not stand for re-election to Tesla's board when his term ends

Wall Street slips as growth stocks struggle amid rising bond yields

Tesla gains on surge in China sales, UBS upgrade; 10-year Treasury yield up at 3.04%; Brent above $123 a barrel

Cybertruck will be Tesla's best product ever, believes CEO Elon Musk

Tech billionaire Elon Musk said he believes that the upcoming Cybertruck will be the companys "best product ever"

Elon Musk slams YouTube, calls it 'a nonstop scam ad'; netizens agree

Tesla owner Elon Musk recently slammed video streaming platform 'YouTube' over unnecessary advertisements on their platform

Tesla's job cut may save up to $1 bn yearly operational costs: Report

Recently, Musk had noted that his electric vehicle company would be reducing its salaried headcount by 10 per cent as the company has become overstaffed in some areas.

Musk backtracks on job cuts, says Tesla salaried staff to be 'fairly flat'

Elon Musk said that total headcount will increase over next 12 months, but number of salaried staff should be little changed, backtracking from an email saying that job cuts of 10% were needed

Joe Biden wishes Elon Musk 'lots of luck' on SpaceX trip to Moon

US President Joe Biden wished Elon Musk "lots of luck" for his trip to the Moon, as the Tesla CEO expressed "super bad feeling" about the economy and decided to cut its workforce by 10 per cent

Goldman's Lloyd Blankfein urges 'dial back' on negativity over economy

Lloyd Blankfein's comments came the same day that Elon Musk said Tesla Inc. will cut its salaried workforce by 10%.

Elon Musk turns to his earlier playbook as Tesla girds for job cuts

Two weeks ago Elon Musk signaled Tesla Inc. was staying in the fast lane. Now he's tapping the brakes

US has over 750 complaints of Teslas suddenly stopping for no reason

More than 750 Tesla owners have complained to US safety regulators that cars operating on the automaker's partially automated driving systems have suddenly stopped on roadways for no apparent reason.

Wall Street slides after strong jobs data; Dow Jones down 160 points

The Nasdaq Composite was down 207.54 points, or 1.68%, at 12,109.36

Tesla pauses all hiring. Need to cut staff by 10%, says Elon Musk

Tesla CEO Elon Musk said he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by around 10%