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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

Tesla"s Loss, Revel"s Gain: Ride-Hailing Company Eyes Abandoned Supercharger Sites In New York

Tesla's decision to slow down the expansion of new Supercharger locations came after the exit of its unit head, Rebecca Tinucci following mass layoffs at the EV giant.  read more.....»»

Category: blogSource: benzingaMay 6th, 2024

Johnson Controls is reportedly looking to sell another business unit

A Johnson Controls International spokeswoman declined to comment on a Reuters report that the company is looking to divest another significant business unit — the company's ADT alarms business in Europe and Latin America......»»

Category: topSource: bizjournalsMay 4th, 2024

Elon Musk"s plan for a cheap EV seems to have hit another major snag

Tesla has reportedly pulled back on plans to develop a new "gigacasting" method that's intended.....»»

Category: worldSource: nytMay 2nd, 2024

Tesla Exodus Continues As Top HR Exec Reportedly Departs After String Of Senior Exits

According to her LinkedIn profile, Arebalo has been with Tesla for over 6 years, starting in May 2018. read more.....»»

Category: blogSource: benzingaMay 2nd, 2024

Millions For What? Tesla Reportedly Took $17M In Federal Charging Grants Before Elon Musk Laid Off Supercharger Team

Earlier this week, it was reported that Tesla's senior director of charging infrastructure was leaving the company and nearly her entire team was being laid off or reassigned. read more.....»»

Category: blogSource: benzingaMay 2nd, 2024

Giga Pause: Elon Musk"s Tesla Reportedly Backs Down On Ambitious EV Manufacturing Technique Amid Hardcore Cost-Cutting Drive

This move is another instance of Tesla cutting short-term expenditure as it adapts to declining sales, shrinking profit margins, and escalating competition. read more.....»»

Category: blogSource: benzingaMay 2nd, 2024

Tesla may try to rehire some of the employees it laid off

Tesla boss Elon Musk may not be as "absolutely hardcore" about layoffs.....»»

Category: topSource: businessinsiderMay 1st, 2024

A Tesla supplier says Elon Musk"s Supercharger layoffs were "a sharp kick in the pants"

The Information reported late Monday that Musk is laying off around 500 employees on its Supercharger team. Tesla has aro.....»»

Category: smallbizSource: nytMay 1st, 2024

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