Tesla opens a new quarter with another round of sales staff cuts

Tesla, Inc. opened its second quarter with a fresh round of layoffs, cutting dozens of salespeople from payroll, Bloomberg reports, citing unnamed sources. Tesla later confirmed the report, but declined to say how many people had lost their jobs. The.....»»

Tesla Inc. followed a disappointing deliveries.....»»

Tesla Sales Staff Fight For Survival Amid Quarter-End Push.....»»

Tesla’s first-quarter loss was narrower than expected and sales were higher, and to sweeten the pot the company kept its goals for Model 3 production, cut 2018 expense projections, and said it expects to turn a profit in the second half of the year......»»

News18Tesla Cuts Car Prices in China by a Quarter to Boost SalesNews18Top manufacturer of ele.....»»

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.....»»

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.....»»

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

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

As per the research company, Tesla sold 140,187 electric vehicles in the U.S. last quarter, marking a 13.3% drop from the 161,630 vehicles sold in the corresponding quarter of 2023. read more.....»»

Ahead of what is widely expected to be a dismal quarter, Tesla is rumored to be eyeing job cuts amid a tough environment. read more.....»»

"We see it hard for the company to generate additional sales with its current product portfolio or without cutting price further," BofA said. .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Tesla Sales In China Are "Doomed" For A "Sharp Fall" In The Second Quarter, Global Times Says The next chapter in the "China vs. Elon Musk" saga looks like it could be ready to begin - and, indeed, it looks like T.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Tesla Inc. stock edged lower late Monday after the Silicon Valley electric-car maker reported first-quarter profit above expectations, but sales missed the mark slightly......»»

Tesla Inc. stock edged lower late Monday after the Silicon Valley electric-car maker reported first-quarter profit above expectations, but sales missed the mark slightly......»»

Tesla Inc. stock edged lower late Monday after the Silicon Valley electric-car maker reported first-quarter profit above expectations, but sales missed the mark slightly......»»

Gordon Johnson, the CEO of GLJ Research, says Tesla's 2% sequential growth is hardly "transformational" amid price cuts and increasing sales. Tesla head .....»»

Dan Ives said in a note that Congress might increase the electric-vehicle tax credit to $10,000 from $7,500 to "catalyze EV consumer demand." Tesla vehicles. Xinhua/Ding Ting via Getty Images Tesla.....»»