Tesla
The Latest
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Tesla's Workforce Reduction Hits Major Markets in U.S. and China
Tesla, the pioneering electric vehicle manufacturer, is facing a pivotal moment as it implements sweeping global job cuts affecting its largest markets, the United States and China. Amid declining sales and heightened competition, particularly in the electric vehicle sector, Tesla is streamlining its operations by reducing its workforce across various departments including sales, tech, and engineering. 
Tesla, the pioneering electric vehicle manufacturer, is facing a pivotal moment as it implements sweeping global job cuts affecting its largest markets, the United States and China. Amid declining sales and heightened competition, particularly in the electric vehicle sector, Tesla is streamlining its operations by reducing its workforce across various departments including sales, tech, and engineering. -
Tesla to Cut 15,000 Jobs Globally in Drive for Cost Reduction and Increased Productivity
Tesla, the world's largest automaker by stock market value, is set to cut around 15,000 jobs globally in a bid to reduce costs and bolster productivity, according to reports from tech publication Electrek and Reuters. The electric vehicle maker, led by Elon Musk, has been grappling with soft demand for its vehicles, increased competition, and the impact of higher interest rates across much of the western world. 
Tesla, the world's largest automaker by stock market value, is set to cut around 15,000 jobs globally in a bid to reduce costs and bolster productivity, according to reports from tech publication Electrek and Reuters. The electric vehicle maker, led by Elon Musk, has been grappling with soft demand for its vehicles, increased competition, and the impact of higher interest rates across much of the western world. -
Tesla Settles Autopilot Litigation with Family of Late Apple Engineer
Tesla has reached a settlement in a wrongful death lawsuit with the family of Walter Huang, a former Apple engineer. This lawsuit, stemming from a fatal crash involving Tesla's Autopilot system in March 2018, was on the cusp of trial in a California Superior Court. The terms of the settlement remain undisclosed, sparing the electric vehicle giant from potentially damaging courtroom disclosures. 
Tesla has reached a settlement in a wrongful death lawsuit with the family of Walter Huang, a former Apple engineer. This lawsuit, stemming from a fatal crash involving Tesla's Autopilot system in March 2018, was on the cusp of trial in a California Superior Court. The terms of the settlement remain undisclosed, sparing the electric vehicle giant from potentially damaging courtroom disclosures. -
Tesla's Deliveries Falter, Prompting Stock Plunge and Demand Concerns
Tesla Inc. faced a significant setback in the first quarter of 2024 as its vehicle deliveries dropped by 8.5% compared to the same period last year, sending its shares tumbling down by 7% in premarket trading. 
Tesla Inc. faced a significant setback in the first quarter of 2024 as its vehicle deliveries dropped by 8.5% compared to the same period last year, sending its shares tumbling down by 7% in premarket trading. -
Tesla Surpasses Coinbase in Bitcoin Holdings, Signals Broader Corporate Adoption
Elon Musk's Tesla emerges as one of the top corporate holders of Bitcoin, outpacing even some of the most prominent firms within the digital currency sector. According to the latest data from BitcoinTreasuries.net, Tesla holds an impressive 9,720 Bitcoins, valued at approximately $675.76 million, making it the third-largest known corporate holder of the digital currency. 
Elon Musk's Tesla emerges as one of the top corporate holders of Bitcoin, outpacing even some of the most prominent firms within the digital currency sector. According to the latest data from BitcoinTreasuries.net, Tesla holds an impressive 9,720 Bitcoins, valued at approximately $675.76 million, making it the third-largest known corporate holder of the digital currency. -
Tesla Adjusts Model Y Pricing Amid Market Fluctuations and EV Incentive Changes
Tesla Inc. has adjusted the pricing of its Model Y electric vehicles in the United States, marking a strategic move amid fluctuating market demands and the evolving landscape of electric vehicle (EV) incentives. Tesla Inc. has adjusted the pricing of its Model Y electric vehicles in the United States, marking a strategic move amid fluctuating market demands and the evolving landscape of electric vehicle (EV) incentives. -
Tesla Responds to Sluggish EV Demand with Strategic Price Cuts
Tesla Inc. (TSLA) has implemented a fresh series of price cuts across its Model Y lineup in the United States. 
Tesla Inc. (TSLA) has implemented a fresh series of price cuts across its Model Y lineup in the United States. -
Tesla Sells Just One Vehicle in South Korea in January Amid Challenges
In January, Tesla managed to sell only one electric vehicle in South Korea, marking its worst sales month in the country since July 2022, when it failed to sell any vehicles. The sole vehicle sold was a Tesla Model Y, which had been South Korea's best-selling imported car in September of the previous year. 
In January, Tesla managed to sell only one electric vehicle in South Korea, marking its worst sales month in the country since July 2022, when it failed to sell any vehicles. The sole vehicle sold was a Tesla Model Y, which had been South Korea's best-selling imported car in September of the previous year. -
Tesla Shares Plummet Amid Corporate Fleet Challenges and Market Pressures
Tesla's stock price has been under significant pressure recently, experiencing a sharp decline of approximately 7% during trading hours, contributing to a cumulative drop of 30% since the beginning of the year. 
Tesla's stock price has been under significant pressure recently, experiencing a sharp decline of approximately 7% during trading hours, contributing to a cumulative drop of 30% since the beginning of the year. -
Tesla Initiates Recall to Update 2.2 Million Vehicles After Font Size Flaw Detected
Tesla Inc. is initiating a recall for 2.2 million vehicles across the United States due to an issue identified with the font size of the warning lights on the vehicle's display, which federal safety regulators have deemed too small to ensure safe driving. 
Tesla Inc. is initiating a recall for 2.2 million vehicles across the United States due to an issue identified with the font size of the warning lights on the vehicle's display, which federal safety regulators have deemed too small to ensure safe driving.
