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The layoffs follow an exclusive Reuters report on April 5 that Tesla had cancelled a long-promised inexpensive car, expected to cost $25,000, that investors have been counting on to drive mass ...
Tesla has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles. Tesla lays off more staff ...
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the ...
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning.
Drew Baglino, Tesla's senior vice president of powertrain and electrical engineering, resigned after 18 years at Tesla shortly before the layoffs began, with vice president of public policy and ...
Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system there, one of the people told Reuters, in a move seen as ...
Tesla is planning to lay off nearly 2,700 workers at its Austin factory in June, according to a notice filed by the company under federal labor law.
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 ...