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Tesla layoffs have reportedly also hit its international offices

Tesla's layoff plans may not be confined to the US, with Reuters reporting jobcuts in China too, a major market for the EV maker. Tesla layoffs reportedly impacted workers in China in addition to the US.JOHN THYS / GettyElon M.....»»

Category: topSource: businessinsiderApr 16th, 2024

Elon Musk is going hardcore again

Elon Musk made it crystal clear he isn't messing around about the need for meaningful layoffs, a new report reveals. Elon Musk reportedly emailed Tesla staff announcing hundreds of layoffs and reiterating the need to be "absolutely hard core" with .....»»

Category: dealsSource: nyt11 hr. 44 min. ago

Tesla stock drops as Elon Musk reportedly announces hundreds more layoffs including senior execs

The drop pared some of the gains from Monday's session, which saw the stock jump on optimism around Musk's China visit. Tesla CEO Elon Musk......»»

Category: dealsSource: nyt11 hr. 44 min. ago

Tesla layoffs continue as recruiters get cut

Former Tesla workers confirmed to BI that some recruiters were informed of the layoffs via a call on Friday morning. Some Tesla workers outside of the US have also been reportedly impacted by layoffs.Smith Collection/GadoTesla informed so.....»»

Category: personnelSource: nytApr 19th, 2024

Management Expert Warns Elon Musk Faces "CEO Overload" After Tesla Layoffs Reportedly Leave Him Overseeing 35 Key Personnel

Global sales teams, previously under the leadership of Tom Zhu since his promotion last April, have now been placed back under Musk's oversight. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Tesla Reportedly Sending Employees Home Mid-Shift, Cutting Assembly Inventory

Literally hours after we reported that Tesla was firing even more people at its Fremont, California factory – layoffs that appeared to have not been included as part of a disclosed plan – the company implemented even mo.....»»

Category: blogSource: zerohedgeMar 7th, 2019

Tesla Is Reportedly Making Further Progress On Model 3 Production - International Business Times

International Business TimesTesla Is Reportedly Making Further Progress On Model 3 ProductionInternational Business TimesTesla's (NASDAQ:TSLA) Model 3 production ramp has been the pr.....»»

Category: topSource: googlenewsDec 3rd, 2018

Meta"s Oversight Board is reportedly planning to cut staff

Meta's "supreme court" recently told some employees that their jobs were at risk, The Washington Post reported. Meta's Oversight Board is preparing to make layoffs.Josh Edelson/AFP via Getty ImagesMeta's "supreme court.....»»

Category: topSource: businessinsiderApr 29th, 2024

Musk"s China Mission Pays Off? Tesla Reportedly Inks FSD Deal With Internet Giant Baidu (UPDATED)

The partnership will be for mapping and navigation around China, Bloomberg reported, citing people familiar with the matter. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

"Watershed Moment," Says Tesla Analyst As Elon Musk Makes Surprise China Visit To Reportedly Discuss FSD Rollout And Data Transfer Overseas

Tesla's Elon Musk landed in China and met with key officials, including the second-in-command, Premier Li Qiang. Latest Ratings for TSL.....»»

Category: blogSource: benzingaApr 28th, 2024

Tesla To Cut 693 Jobs In Nevada Amid Global Workforce Reduction: Government Notice

Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more.....»»

Category: blogSource: benzingaApr 27th, 2024

Tesla"s Biggest Layoffs Mapped: Where Has EV Giant Cut Most Jobs?

The company has decided to cut over 10% of its workforce or about 14,000 jobs. But where have the maximum slashings taken place? read more.....»»

Category: blogSource: benzingaApr 26th, 2024

Tesla"s Latest China Rival Xiaomi Registers Record Bookings For Its EV: Report

Xiaomi's SU7 electric sedan reportedly racks up 75,723 orders, eyeing 10,000 deliveries in June. Founder Lei Jun sets record targets at Beijing auto show, marking a milestone for EV startups. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Live updates: Tesla profits plunge, but shares rally as company reveals plans for robotaxis and cheaper cars

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. Tesla stock rose Tuesday afternoo.....»»

Category: worldSource: nytApr 23rd, 2024

Live updates: Tesla misses profit and revenue estimates, but shares rally

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. JADE GAO/AFP via Getty Images; Chelsea Jia Feng; BITesla reported first-quarter .....»»

Category: worldSource: nytApr 23rd, 2024

Tesla"s chaotic layoffs leave employees nervous and wondering when the cuts will end

In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo. Tesla CEO Elon Musk announced .....»»

Category: dealsSource: nytApr 23rd, 2024

Tesla layoffs impacted nearly 12% of its Texas staff

Tesla laid off 2,688 workers at its Austin factory, according to a WARN notice. It's likely part of Elon Musk's previously announced jobcuts. Elon Musk during th.....»»

Category: worldSource: nytApr 23rd, 2024

Tesla"s Horror Week Ends With Another Price Cut, Rivian"s Second Round Of Layoffs, Lucid Touts Longest-Range Domestic EV And More: Biggest EV Stories Of The Week

The decline in EV adoption has also affected industry leader Tesla, leaving the future uncertain for other startups in the sector. read more.....»»

Category: blogSource: benzingaApr 20th, 2024

Tesla"s awful 2024 is getting much worse

Fears of layoffs at Tesla had been building along with Wall Street's growing concerns. Smith Collection/Gad.....»»

Category: worldSource: nytApr 17th, 2024

Elon Musk says Tesla needs a "complete organizational overhaul" to get to "the next level" amid mass layoffs at the company

"That said, our executive tenure is unusually high at well over 10 years at Tesla," Musk wrote on X. Tesla CEO Elon Musk.Grze.....»»

Category: worldSource: nytApr 17th, 2024

The EV market is in trouble: The latest sign is Tesla"s layoffs

The drive to electrify personal cars in California has, at best, hit a rou.....»»

Category: topSource: latimesApr 16th, 2024