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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: benzinga12 hr. 19 min. ago

"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: benzinga19 hr. 19 min. ago

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, 2024

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, 2024

Read the memo Elon Musk sent Tesla staff announcing that the company is laying off more than 10% of the workforce

Read the memo Elon Musk sent Tesla staff announcing that the company is laying off more than 10% of the workforce.....»»

Category: topSource: yahooApr 15th, 2024

Read the memo Elon Musk sent Tesla staff announcing that the company is laying off more than 10% of the workforce

Tesla CEO Elon Musk said in the memo, seen by BI, there's been a "duplication of roles and job functions in certai.....»»

Category: topSource: businessinsiderApr 15th, 2024

Tesla"s Q1 US Sales Mainly Held Back By Very Model That Saved It From Bankruptcy Years Ago

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.....»»

Category: blogSource: benzingaApr 15th, 2024

Tesla Senior Exec Calls Some Indian Media Reports About Expansion Plans "Totally Made Up" — But Doesn"t Say Which Ones

Tesla employees are often surprised at the news they receive on the company's plans for India, Patel said. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Elon Musk"s India Visit, Tesla"s FSD Subscription Price Slashed By 50%, Nikola Plunges Amid Proxy Filing And More: Biggest EV Stories Of The Week

As Tesla's fundamentals get murkier, the company is now focusing on its FSD, which is expected to fetch a recurring, high-margin revenue stream. read more.....»»

Category: blogSource: benzingaApr 13th, 2024

"Knives Are Really Out for Musk": Jim Cramer Feels Wall Street Is Losing Confidence In Tesla"s CEO, Lauds Warren Buffett"s "Truly Magnificent" Berkshire

Renowned financial analyst from CNBC, Jim Cramer, has voiced that Wall Street's trust in Elon Musk, the CEO of Tesla, is dwindling due to the company's falling stock price. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Tesla"s Reengineered Model 3 Reportedly Joins Company"s Full Self-Driving Fleet With Debut Software Rollout

Tesla rolled out first-ever FSD update for Reengineered Model 3, with CEO Elon Musk hinting at improvements. Approximately 2M vehicles have FSD in US. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

BofA slashes Tesla"s stock price target, says weak demand will hurt unless the company cuts prices more

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

Category: worldSource: nytApr 10th, 2024

Snack giant leases space next to future Tesla facility in Marysville

According to a report, the snack company has signed a 308,000-square-foot lease at Cascade Business Park......»»

Category: topSource: bizjournalsApr 10th, 2024

Tesla Updates Website To Reflect Removal Of Radar In Self-Driving Suite

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk recently said the company will be eliminating radar from its self driving hardware. read more.....»»

Category: blogSource: benzingaMay 24th, 2021

Tesla Accused Of Firing Employee To Cover Up Copper Theft

A lawsuit filed by a former Tesla Inc (NASDAQ: TSLA) employee claims he was fired because of his reports that copper was being stolen from the company's battery plant near Reno, Nevada. read more.....»»

Category: blogSource: benzingaMay 22nd, 2021

Tesla"s Berlin Gigafactory Could Be Delayed To 2022 As Company Faces Mountain Of Legal Woes

Tesla's Berlin Gigafactory Could Be Delayed To 2022 As Company Faces Mountain Of Legal Woes While at the sam.....»»

Category: smallbizSource: nytMay 22nd, 2021

Elon Musk congratulates Ford on the debut of their new electric F-150 Lightning pickup truck

A few days after Tesla CEO Elon Musk debuted the company's Cybertruck in November 2019, it saw 250,000 pre-orders. Elon Musk. Bri.....»»

Category: personnelSource: nytMay 22nd, 2021

7 of Elon Musk"s most popular tips for boosting productivity in companies

As well as founding PayPal, Hyperloop, and OpenAI, Musk is the CEO of SpaceX and Tesla. Many consider him one of the world's most successful leaders. "If following a "company.....»»

Category: smallbizSource: nytMay 20th, 2021

"Big Short" investor Michael Burry reveals his bet against Tesla stock - and discloses an unexpected SPAC stake

Burry's Scion Asset Management held bearish put options on over 800,000 shares of Elon Musk's company at the end of March. Michael Burry. Getty Images/.....»»

Category: dealsSource: nytMay 17th, 2021

"Elon Musk Phd" is named as the director of a UK company called Elonspace Ltd on an official business register

The entry on Companies House lists "Elon Musk Phd" as having the same birth month and nationality as the Tesla CEO, but the.....»»

Category: personnelSource: nytMay 15th, 2021