Tesla reportedly laying off staff in software, service teams just 1 month after mass firings
Electric car maker Tesla has begun new layoffs, including staff in its software, services and engineering departments. Electrek reported Monday, citing emails and people familiar with the matter. The move comes after Tesla announced last month that it would cut its workforce by more than 10% worldwide and after the Elon Musk-led automaker disbanded its […]
Nantucket newspaper trolls Tesla Cybertruck as it wreaks havoc on tony island
Nantucket newspapers have been buzzing about the vandalism of Tesla’s Cybertruck, which has been bothering local residents since arriving on the wealthy island last week. The clunky silver electric car, which sells for up to $101,985, has been causing problems since it was first spotted being brought to the New England Islands from a Steamship […]
Elon Musk sues Indian battery company Tesla Power for trademark infringement
Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla Inc., owned by CEO Elon Musk, filed a lawsuit in India against an Indian battery company called Tesla Power for alleged trademark infringement. Two years ago, Musk’s Tesla Inc. sent a cease-and-desist letter to Gurgaon-based Tesla Power India, […]
Wife of California doctor Dharmesh Patel who drove Tesla off cliff with family inside speaks in court for first time
The wife of a California doctor accused of intentionally driving a Tesla off a cliff with her family inside the car last year begged prosecutors to drop the attempted murder charge in court testimony Thursday. Dharmesh Patel was emotional for the first time in a Redwood City courtroom as his wife Neha Patel recalled the […]
Elon Musk’s Tesla yanks summer internship offers to students amid massive job cutting
Tesla has reportedly rejected summer internship offers for college students. Multiple students described their situations in posts LinkedIn profile this week, Bloomberg reported on Wednesday. One of the students identified by the report said Tesla informed him by phone on Monday that he would no longer be able to take summer internships, which is related […]
Elon Musk’s Tesla yanks summer internship offers, students say
Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla has reportedly rejected summer internship offers for college students. Multiple students described their situations in posts LinkedIn profile this week. Bloomberg first reported the news. Bloomberg reported on Wednesday. One of the students identified by the report said […]
Tesla Backtracks on Supercharger Expansion Plans After Firing Entire Charging Team
Due to Elon Musk’s recent decision to lay off Tesla’s entire charging team, Tesla is reportedly already backing away from plans to expand its Supercharger network. EV owners already face difficulties finding available charging stations, especially during busy travel times, and these difficulties are unlikely to ease any time soon. Electrek report In a move […]
Elon Musk’s move to disband Tesla EV charging team blindsides car industry
Elon Musk’s sudden decision to lay off employees in charge of Tesla’s electric vehicle charging business comes as the company prepares to outfit new EVs so customers can take advantage of the Tesla Supercharger network. It blindsided automakers, industry officials and analysts said Tuesday. General Motors, Ford and other automakers that signed deals last year […]
Tesla Shares Rise 15% After Sweetheart Deal with Chinese Government
Shares in Elon Musk’s Tesla rose 15% on Monday after the electric car maker reached a key milestone in rolling out its advanced driver-assistance technology, Fully Self-Driving (FSD), in China. For years, Tesla has offered FSD functionality (an “upgrade” to the dangerous Autopilot driver assistance feature) in China, but it was a limited version of […]
Tesla lays off more workers, two senior executives out: report
Barron’s senior writer Al Root discusses the performance of the Tesla market and the automaker’s strategy regarding electric vehicles. After cutting its workforce by 10% earlier this month, Tesla has reportedly made further cuts, with two more top executives leaving. information According to reports, Tesla CEO Elon Musk sent an email to executives Monday night […]