Tesla to Cut Over 10% of Global Workforce

02:13pm, Monday, 15'th Apr 2024
Tesla is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for electric vehicles. Bloomber
Tesla is one of many car companies investing in autonomous driving. With over 1 billion real-world miles, Tesla has more data than its competitors.
Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Analyst, joins to discuss Tesla job cuts and two top executives leave on the same day. He spoke with Alix Steel and Paul Sweeney
If you were thinking of purchasing a Tesla (NASDAQ: TSLA ) Cybertruck in the near future, you may be out of luck. That's because the electric vehicle (EV) producer just issued a stop-sale order, effec
It's reported that Tesla (TSLA) could lay off up to 20% of the Texas gigafactory workforce. Jenny Horne talks about how employees are hearing rumors of an important round of layoffs this week.
Tesla (TSLA) is set to lay off more than 10% of its global workforce, according to a report from Electrek citing an internal email from CEO Elon Musk. Musk writes the layoffs will set Tesla up to "be
Investors with an interest in Automotive - Domestic stocks have likely encountered both Paccar (PCAR) and Tesla (TSLA). But which of these two stocks is more attractive to value investors?
Tesla executives Drew Baglino and Rohan Patel are leaving the electric vehicle maker amid steep layoffs, they announced on Monday.
CNBC's Deirdre Bosa reports on the mega-cap tech laggards.
Tesla (TSLA) reduces monthly subscription prices for Full Self-Driving by 50%.

Massive News for Tesla Stock Investors

12:12pm, Monday, 15'th Apr 2024
Here's everything you need to know about the electric vehicle maker's week.
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.
Drew Baglino, Tesla's SVP of powertrain and electrical engineering, resigned from Tesla on Sunday. Baglino's departure came shortly before Tesla laid off 10% of its workforce.
CNBC's Phil LeBeau reports on news from Tesla.
Shares of electric vehicle (EV) maker Tesla (TSLA) fell in intraday trading Monday following reports that the company is laying off "more than 10%" of its global staff.
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