Tesla’s Job Cuts Bring the Shock of the Ordinary

Tesla Inc. began selling a cheaper version of its Model 3 sedan Thursday, but the price tag is still higher than originally promised and federal tax incentives that could bring down the price are set to expire......»»

Stocks extended their rebound on Tuesday as investors shifted attention away from interest rate cuts to mega-cap ear.....»»

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 .....»»

"Tesla prices must change frequently in order to match production with demand," Tesla CEO Elon Musk said on Sunday via X. Justin Sull.....»»

Li Auto's price cuts range from 2.8% to 5.7%, according to CnEVPost. read more.....»»

Musk on Sunday expressed shock at a video shared on X of an individual attacking a driverless Waymo car in San Francisco. read more.....»»

Gary Black suggests Tesla's configurator price cuts won't benefit the company, as rivals are likely to match them, following Tesla's global EV price reductions. read more.....»»

Tesla's negative year-over-year volume growth in the first quarter and the ongoing EV market slowdown have prompted the company to take aggressive measures. read more.....»»

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.....»»

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.....»»

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

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. .....»»

Good morning, Bay Area, and welcome to Tax Day 2024. Hope you're done or have filed an extension. In tech, Bloomberg reports that Salesforce (NYSE: CRM) is in talks to buy Redwood City-based Informatica (NYSE: INFA), according to anonymous sourc.....»»

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

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.....»»

Ford Lightning Price Cut "Sends Shockwaves Through EV Market"  Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightni.....»»

"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.....»»

An overall drop in the crypto market had "#cryptocurrencies" trending on Twitter, with many users reacting to the sudden .....»»