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China is still struggling to fix its demand problem — and that"s bad news for the likes of Apple and Tesla

China's GDP rose by a better-than-expected 5.3% in the first quarter, but analys.....»»

Category: dealsSource: nytApr 16th, 2024Related News

Big names are leaving Tesla. An analyst says Elon Musk has to quickly lay out what the layoffs mean.

High-level Tesla executives have announced they're leaving sin.....»»

Category: dealsSource: nytApr 16th, 2024Related News

What"s Going On With Rivian Automotive Shares Today?

Rivian Automotive shares are trading slightly lower in premarket after a significant slump, influenced by market concerns over Tesla's job cuts and Rivian's upcoming first-quarter financial results. read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

Did Someone Get Promoted At Tesla Amid Layoffs? Autopilot Head"s X Badge Change Sparks Talk Of Leadership Shift

Tesla's Director of Autopilot Software, Ashok Elluswamy, recently gained a company-affiliated tag on social media platform X. read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

Tesla layoffs hit high performers, some departments slashed, sources say

Tesla layoffs hit high performers, some departments slashed, sources say.....»»

Category: topSource: yahooApr 16th, 2024Related News

Elon Musk Re-Enters "Wartime CEO" Mode? Tesla Chief Explains Necessity Of Massive Job Cuts Amid Report Of Critical Giga Texas Projects At Risk

A "wartime CEO" refers to an executive who leads a company through an impending crisis, such as intense competition or supply chain disruptions. read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

"Feels So Long Ago": Elon Musk Reacts To His Old Profile From 2012 On Twitter

This comes amid significant operational changes at Tesla, including substantial job cuts. read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

Will Tesla Break Below $160 For 1st Time In About A Year? Why EV Maker"s Stock Is Sliding Premarket Today

Confirmation of a significant layoff, including high-profile and longtime executives, eroded roughly $30 billion from Tesla's market capitalization on Monday. read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

Trump Media & Technology, Rivian, Goldman Sachs, Salesforce, Tesla: Why These 5 Stocks Are On Investors" Radars Today

On Monday, the leading U.S. stock indices experienced declines, as the Dow Jones Industrial Average concluded the day 0.65% below at 37,735.11 read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

Elon Musk"s FSD Is The End Of Manual Driving? Tesla Bull Gene Munster Believes "Somebody Born Today Is Probably Never Going To Drive A Car"

Tesla has decided to reduce the price of its 'full self-driving' subscription by half to $99 per month. This decision has led Gene Munster, Managing Partner at Deepwater Asset Management, to predict the end of manual driving. read more.....»»

Category: blogSource: benzingaApr 16th, 2024Related News

"The Street Wants and Needs Answers" From Elon Musk On Tesla Layoffs — Dan Ives Demands "Rationale For The Cost Cutting"

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances. read more.....»»

Category: blogSource: benzingaApr 15th, 2024Related News

"Not Good" For Tesla If It"s True, Says Fund Manager, As New Report Says EV Maker Has Put Sub-$30K Vehicle On Hold

Tesla's strategic direction hasn't been received well by investors and the stock is on extended downtrend now. read more.....»»

Category: blogSource: benzingaApr 15th, 2024Related News

A Cybertruck owner"s video claiming a stuck accelerator pedal attracts the attention of US safety regulator

After a Cybertruck owner's video saying his accelerator pedal got stuck went viral, federal safety regulators said they were in touch with Tesla. Tesla's CybertruckA.....»»

Category: personnelSource: nytApr 15th, 2024Related News

Tesla Model Y Enters Anaheim Police Fleet In New Pilot Initiative

The Anaheim Police Department is launching a pilot program that will see six Tesla Inc (NASDAQ: TSLA) Model Y units put to the test as patrol cars starting this Monday. read more.....»»

Category: blogSource: benzingaApr 15th, 2024Related News

The full list of major US companies slashing staff this year, from Tesla to Google and Apple

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»

Category: smallbizSource: nytApr 15th, 2024Related News

Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say

Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say.....»»

Category: topSource: yahooApr 15th, 2024Related News

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

After reporting dismal first-quarter sales, Tesla is planning to.....»»

Category: topSource: chicagotribuneApr 15th, 2024Related News

Elon Musk needs to explain the latest layoffs at next week"s earnings to soothe investors amid a "horror show" for Tesla, Wedbush"s Dan Ives says

Tesla's layoffs are adding to the "horror show" investors have been dealing with in recent months, Wedbush's Dan Ives said. .....»»

Category: worldSource: nytApr 15th, 2024Related News

Tesla extends its 2024 stock skid to 34% as top execs reportedly depart amid job cuts

Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving measures. That's not happening for Tesla on Monday. .....»»

Category: smallbizSource: nytApr 15th, 2024Related News

Tesla to slash more than 10% of its global workforce

CEO Elon Musk cited job overlap a.....»»

Category: topSource: latimesApr 15th, 2024Related News