Daily Digest: Salesforce eyes big buy; Tesla"s deep workforce cuts

Deliveries fell 20% in the first quarter of 2024, a decline of more than 8% from the same time in 2023......»»

Elon Musk has terminated most of Tesla's Supercharger team following a conflict with a senior executive. Despite the recent layoffs, Tesla plans to continue expanding the Supercharger network, with an investment of over $500 million. read more.....»»

The severance package comprises a minimum of three months of full salary without work obligations, even for those recently hired. read more.....»»

Good morning, Bay Area. Waking up with energy news, the Federal Highway Administration will distribute over $63 million to the California Dept. of Transportation to repair and replace electric vehicle charging infrastructure. The public funding c.....»»

Elon Musk continues to cut deeper at Tesla. Workers posted about the latest wave on social media. Tesla CEO Elon Musk told staff Tesla would cut more than 10% of its workforce.Nathan Howard and Justin Sullivan via Getty ImagesTesla sent out another.....»»

Good morning, Bay Area. Starting your day with the likes of an Egg McMuffin, it appears that since September, when California moved to require large fast-food chains to increase minimum hourly pay to $20 starting this month, fast-food and fast-cas.....»»

Good morning, Bay Area. In the economy, U.S. economic growth slid to an almost two-year low last quarter while inflation also ticked up and GDP increased at a 1.6% annualized rate, below all economists’ forecasts. All this while the econom.....»»

British aero-engine maker Rolls-Royce signalled on Thursday it expects to cut some of its workforce to respond to the slump in the global aerospace market, saying it would inform affected employees before the end of this month......»»

A report out this morning from Realtor.com offers the latest look at how the coronavirus pandemic is affecting the housing market in the Charlotte region and nationwide. The website's April Monthly Housing Trends Report finds new home listings across the.....»»

China's daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep output cuts as the coronavirus pandemic erodes demand, but there are some signs of recovery as the country begins to ease virus-related curbs......»»

China's daily crude oil throughput in March hit the lowest level since December 2018 with state refiners maintaining deep output cuts as the coronavirus pandemic eroded fuel demand......»»

Must-read business news, delivered every morning. Good morning. Who won the Iron Throne? I confess: I don't know. I missed the Game of Thrones finale Sunday, and then spent al.....»»

Daily BeastWall Street Breakfast: Eyes On Tesla's Shareholder MeetingSeeking AlphaListen on the go! A daily podcast of Wall Street Breakfast will be avai.....»»

After being panic bid for the last few days, TSLA shares are rolling over (but still up) after announcing a 9% across-the-company cut of the .....»»

(Reuters) - Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become sustainably profitable without endangering the critical ramp up of production of its Model 3 sedan......»»

Tesla is sending out pink slips to 9 percent of the workforce, even as it faces challenges to ramp up the Model 3 production. That news coming from CEO Elon Musk Tuesday who said the electric car company is trying to reduce costs......»»

As part of Tesla's recently announced move to cut 9% of its workforce, it will make big cuts to its .....»»

Business InsiderTesla is making big cuts to its solar divisionBusiness InsiderAs part of Tesla's recently announced move to cut 9% of its workforce, it.....»»

DailyFX com Weekend Developments OPEC Oil PBOC RRR Cuts EU Response to US Auto Tariff Threat Crude oil prices started off the new week with declines after Friday s impressive performance saw it rally the most in a single day 5 32 since November 2016 There.....»»

Must-read business news, delivered every morning. Good morning. If innovation is the key to business suc.....»»