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Shares of Tesla fell more than 3% Monday after news of the layoffs and departures broke. Shares of Tesla Inc. have lost about one-third of their value so far this year as sales of electric ...
Earlier this month, Tesla reported its first annual decline in vehicle deliveries since 2020, when the Covid-19 pandemic disrupted production extraneous of demand — first-quarter deliveries fell ...
The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla's announcement last month that it was reducing its global workforce by more than 10%. Tesla ...
BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for ...
Investors will be listening for updates on self-driving initiatives, robotaxis, and cheaper vehicle models. Tesla's earnings-release time is roughly 4:30 p.m. ET, and its conference call with ...
Tesla CEO Elon Musk said layoffs were coming, and new reports suggest they have just come down within an important division. Tesla reportedly lays off 200 in Autopilot unit, shutters San Mateo ...
Since its annual cash outlays for new plants and equipment will jump from $8.9 billion in 2023 to $10 billion this year, the company needs to be more efficient with the resources they already have.
It was a rough week for Tesla stock. Shares of the EV giant posted a weekly loss of more than 10% as a third-party report on Friday pointing to a slump in China deliveries sent shares down 3.3% on ...