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Tesla raises price of Model Y, Ford won't do same for Mustang Mach-E: Tesla is raising the price of the Model Y. Ford isn't budging on the Mustang Mach-E ...
freep.com/story/money/cars/ford/2023/02/04/tesla-raises-price-model-y-ford-mustang-mach/69873330007/
Automaker weakens: Ford announces radical cure after 90 percent drop in profits: The automaker faces increased competition. Tesla is tempting with price cuts ...
faz.net/aktuell/wirtschaft/ford-kuendigt-nach-90-prozent-gewinnrueckgang-radikalkur-an-18651216.html
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Tesla raises price of Model Y, Ford won't do same for Mustang Mach-E: Tesla is raising the price of the Model Y. Ford isn't budging on the Mustang Mach-E ...
freep.com/story/money/cars/ford/2023/02/04/tesla-raises-price-model-y-ford-mustang-mach/69873330007/
Automaker weakens: Ford announces radical cure after 90 percent drop in profits: The automaker faces increased competition. Tesla is tempting with price cuts ...
faz.net/aktuell/wirtschaft/ford-kuendigt-nach-90-prozent-gewinnrueckgang-radikalkur-an-18651216.html
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
- Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.
- Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.
- The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.
- Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
Tesla whistleblower in legal battle over braking-safety concerns: A former Tesla engineer is in a decade-long battle with the car company, owned by Elon Musk.
bbc.com/news/articles/cg3q95ednqwo
Tesla Stock Is Rising as Selling Pressure Eases. Cathie Wood Is Buying.: Tesla stock has fallen 11% this month.
barrons.com/articles/tesla-stock-buy-sell-cathie-wood-18592475
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Cathie Wood’s ARKK Hits Five-Month Low as Tesla (TSLA) Drops on Job Cuts: Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Inc. ...
bloomberg.com/news/articles/2024-04-16/cathie-wood-s-arkk-hits-five-month-low-as-tesla-fuels-losing-run
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Tesla lays off more than 10% of its workforce: Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount
bbc.com/news/technology-68818113
Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
Nissan Looks to Tesla’s Style of Carmaking to Build Cheaper EVs: Nissan Motor Co. will use gigacasting, a manufacturing process pioneered by Tesla Inc. ...
bloomberg.com/news/articles/2024-04-16/nissan-looks-to-tesla-s-style-of-carmaking-to-build-cheaper-evs
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Tesla (TSLA) Sales Miss in First Year-Over-Year Drop Since Pandemic: Tesla Inc. suffered its first year-over-year sales drop since the early days of the Covid ...
bloomberg.com/news/articles/2024-04-02/tesla-sales-miss-in-first-year-over-year-drop-since-pandemic
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
Tesla halves the price of its Full Self Driving (Supervised) subscription to $99 per month
engt.co/3Ufb2DO
Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
apnews.com/article/tesla-layoff-workforce-sales-decline-ee35abc216b5aeb222068500b916ef14
Tesla halts Cybertruck deliveries due to 'unexpected delay': Tesla has halted Cybertruck deliveries, telling owners that there has been an "unexpected delay ...
engt.co/4cZVfjU
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Elon Musk predicts AI will overtake human intelligence next year: Tesla chief says infrastructure will need to keep up with technology’s demands as he seeks ...
ft.com/content/027b133f-f7e3-459d-95bf-8afd815ae23d
Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
- Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.
- Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.
- A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.
- Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
A 605 MW PV plant in Germany is now Europe’s largest solar farm: A 605-MW project in Germany has claimed the title of Europe's largest solar farm ...
electrek.co/2024/04/12/germany-europe-largest-solar-farm/
I relocated when Tesla asked. Then I was laid off.: A Tesla worker who was laid off says they tried to clock in and their phone said to contact IT.
businessinsider.com/laid-off-tesla-worker-story-after-relocating-2024-4
Tesla to lay off more than 10% of its staff, Electrek reports: Tesla will lay off more than 10% of its global workforce, an internal memo seen by Reuters on ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-10-its-staff-electrek-reports-2024-04-15/
Elon Musk Hit the Red Carpet Before Tesla’s (TSLA) Biggest Layoff: The carmaker is struggling to keep investors bought-in on the CEO’s strategy.
bloomberg.com/news/newsletters/2024-04-16/elon-musk-hit-the-red-carpet-before-tesla-s-tsla-biggest-layoff
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
- Tesla is planning a major layoff to prepare for the future.
- Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.
- Tesla experiences a decline in revenue margin compared to other automakers.
- The success of Tesla's future depends on the implementation of autonomous driving technology.
Tesla is reportedly laying off more than 10 percent of its workforce: According to an internal memo seen by Reuters, Tesla is about to lay off more than 10 ...
engt.co/3PYupyI
Ford offers Tesla drivers $1,500 discount to switch: Ford is taking aim at Tesla. The automaker launched an initiative to give Tesla owners a special discount on ...
businessinsider.com/ford-offers-tesla-drivers-discount-to-switch-2024-4
Tesla Reportedly Halts Cybertruck Deliveries: Tesla Cybertruck deliveries have been halted, according to online chatter, possibly to address a problem with the ...
investors.com/news/tesla-cybertruck-deliveries-reportedly-halted/
Tesla's Musk predicts AI will be smarter than the smartest human next year
reut.rs/49tyx0c
Quick Glance: Airplane Observes Solar Eclipse in Bloomington
- An airplane flies near the total solar eclipse in Bloomington, Indiana.
- People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.
- Sophia Moccia, 4, from Queens views the eclipse with a homemade mask in New York City.
- A solar eclipse is visible in Mazatlan, Mexico.
Tesla Stock Breached Support. This Is Where It’s Headed.: Tesla stock closed below technical support levels at about $164 a share on Monday ...
barrons.com/articles/tesla-stock-support-levels-9cdc4061
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Musk needs to explain Tesla layoffs amid 'horror show': Dan Ives: Tesla's layoffs are adding to the "horror show" investors have been dealing with in recent ...
markets.businessinsider.com/news/stocks/elon-musk-tesla-stock-price-layoffs-earnings-outlook-dan-ives-2024-4
Some Tesla workers get badge scan, realize layoff: Tesla told staff it doing layoffs on Sunday night, but some workers realized they were out of a job when ...
businessinsider.com/tesla-factory-workers-discover-laid-off-security-badge-scans-sources-2024-4
Elon Musk says Tesla needs a 'complete organizational overhaul' : "That said, our executive tenure is unusually high at well over 10 years at Tesla ...
businessinsider.com/elon-musk-says-tesla-needs-a-complete-organizational-overhaul-2024-4
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Elon Musk: Tesla boss to visit India for meeting with PM Modi: The Tesla boss is expected to announce major investment plans in India as the firm faces slowing ...
bbc.com/news/articles/c4n1ldx5klwo
Quick Glance: Musk to Meet Modi in India and Announce Investment Plans
- Elon Musk plans to visit India to meet Narendra Modi and announce investment plans.
- Musk expected to open a new factory in India and will be accompanied by other executives.
- India reduces import taxes on electric vehicles to attract foreign investments.
- Tesla plans manufacturing plant in India with around $2 billion investment to tap into the growing EV market.
Some Tesla Factory Workers Realized They Were Laid Off When Security Scanned Their Badges and Sent Them Back on Shuttles, Sources Say
entrepreneur.com/business-news/tesla-workers-showed-up-to-work-didnt-know-were-laid-off/472814
Tesla’s top engineering executive Drew Baglino leaves in massive leadership loss: Tesla’s top engineering executive, Drew Baglino, has left the automaker in a ...
electrek.co/2024/04/15/tesla-top-engineering-executive-drew-baglino-leaves-leadership-loss/
Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
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Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery: Tesla has ended discounts on inventory across its electric vehicle lineup — even as ...
techcrunch.com/2024/04/16/tesla-ditches-ev-inventory-discounts-to-streamline-sales-and-delivery/
As EVs surge, warning signs grow for Tesla | Analysis: The world’s largest electric carmaker on Monday told employees it would lay off more than 10% of its ...
nytimes.com/2024/04/16/climate/has-tesla-peaked.html
Tesla worker laid off weeks after joining says he can't pay rent: A man told KVUE that he was hired to work at Tesla's Texas plant a few weeks ago ...
businessinsider.com/tesla-worker-laid-off-ev-transport-texas-rent-2024-4
Tesla Is Struggling in China. It’s Hurting the Stock.: Tesla’s Chinese sales plummeted in the first week of April.
barrons.com/articles/tesla-china-sales-stock-c7d28ac1
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Tesla to cut over 10% of workforce in global retrenchment: Chief Executive Officer Elon Musk revealed the job cuts in an email to staff, citing duplication of ...
mercurynews.com/2024/04/15/tesla-to-cut-over-10-of-workforce-in-global-retrenchment/
Tesla's senior battery executive exits company: Tesla's senior vice president of powertrain and energy engineering, Drew Baglino, is leaving after 18 years at ...
reuters.com/business/autos-transportation/teslas-senior-battery-executive-exits-company-2024-04-15/
"Hungry for growth phase": Tesla plans massive job cuts - 3000 jobs in Grünheide: For the first time in almost four years, Tesla is selling fewer new cars at the ...
n-tv.de/wirtschaft/Tesla-plant-massiven-Jobabbau-3000-Stellen-in-Gruenheide-article24874548.html
GMC's new electric pickup range will beat the Cybertruck by 100 miles: GMC increased the range for its new Sierra Denali to 440 miles, making it among the ...
businessinsider.com/gmc-sierra-ev-denali-electric-pickup-range-vs-tesla-cybertruck-2024-4
Musk says Tesla will unveil 'Robotaxi' on August 8
reut.rs/4aufGUs
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
- Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.
- Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.
- Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.
- Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
Tesla 'Layoffs' Spell Bad News for Elon Musk: Elon Musk has seen his personal fortune slashed by tens of billions of dollars so far this year.
newsweek.com/tesla-layoffs-elon-musk-bad-news-fortune-loss-1890250
Quick Glance: Tesla Layoffs Impact Elon Musk's Fortune
- Elon Musk has seen his personal fortune plummet by billions of dollars this year.
- Tesla announced global workforce reductions of 'more than 10%' in an internal email sent by CEO Elon Musk to staff.
- The reported layoffs come at a challenging time for Musk and Tesla, with quarterly results showing an 8.5% decline in product deliveries compared to the previous year.
- Tesla shares have dropped over 30% this year, causing Musk to fall to third place on the Bloomberg Billionaires Index.
OpenAI plans new Tokyo office, Tesla lays offs thousands: Today on Equity, Tesla cuts staff, and OpenAI has plans for an office in Tokyo along with a new GPT-4 ...
techcrunch.com/2024/04/15/openai-plans-new-tokyo-office-tesla-lays-offs-thousands/
The EV market is in trouble: The latest sign is Tesla's layoffs: The drive to electrify personal cars in California has, at best, hit a rough patch ...
latimes.com/environment/story/2024-04-16/the-ev-market-is-in-trouble-the-latest-sign-is-teslas-layoffs
The Dow drops 250 points as Tesla and Trump Media struggles overwhelm bank earnings and retail sales
qz.com/dow-jones-tesla-trump-media-goldman-sachs-reddit-1851411400
Tesla Cut the Price of Its FSD Service. What That Means For the Stock.: The new U.S. price for an FSD subscription is now $99 a month, down from $199 per month ...
barrons.com/articles/tesla-stock-price-tsla-fsd-1148ec6b
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Are front license plates required for all vehicles in Sacramento? Your question answered
sacbee.com/news/local/article287693925.html
Tesla to lay off more than 10 percent of its workers as sales slow: "Cost reductions and increased productivity" needed, says Musk.
arstechnica.com/cars/2024/04/tesla-to-lay-off-more-than-10-percent-of-its-workers-as-sales-slow/
Tesla and Nvidia Could Be a Match Made in AI Heaven: Morgan Stanley believes the EV maker could become the semiconductor manufacturer’s largest customer.
barrons.com/articles/tesla-nvidia-stocks-ai-636bbf5f
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Tesla to cut more than 10% of workforce, report claims: Tesla is laying off workers amid poor quarterly results.
mashable.com/article/tesla-workforce-cut
Tesla settles lawsuit over 2018 fatal Autopilot crash of Apple engineer: Walter Huang was killed when his car steered in to a highway barrier and Tesla will ...
theguardian.com/technology/2024/apr/08/tesla-crash-lawsuit-apple-engineer
Quick Glance: Tesla resolves lawsuit following deadly Autopilot crash
- Tesla reached a resolution in a wrongful-death lawsuit stemming from a fatal 2018 crash.
- Following the death of Apple engineer Walter Huang in Autopilot mode, his family filed a lawsuit.
- Specifics of the resolution, prior to the set trial date, remained undisclosed.
Tesla Stock Falls on Report of Layoffs and Global Unrest: Tesla stock investors are digesting a lot of news Monday.
on.barrons.com/3Q363Un
Jamie Dimon made $183 million selling JPMorgan stock. Here's how much others have made
qz.com/jamie-dimon-jpmorgan-chase-stock-jeff-bezos-leon-black-1851413941
A big Tesla investor wants Elon Musk to unionize: The push comes as Tesla mechanics in Sweden have been on strike against the EV maker for months
qz.com/tesla-elon-musk-sweden-union-strike-norway-pension-fund-1851403642
Read Tesla CEO Elon Musk's leaked layoffs memo: The electric vehicle maker is slashing "more than 10%" of its global workforce
qz.com/tesla-elon-musk-layoffs-leaked-memo-staff-1851409932
North Carolina approves mining permit for Tesla supplier Piedmont Lithium: North Carolina regulators have approved a state mining permit for Tesla supplier ...
reuters.com/business/piedmont-lithium-gets-mining-permit-north-carolina-project-2024-04-15/
Argentina's Milei to visit Tesla factory, meet Musk this week: Argentine President Javier Milei is set to visit a Tesla factory in Texas and meet with the firm's ...
reuters.com/business/autos-transportation/argentinas-milei-visit-tesla-factory-meet-musk-this-week-2024-04-09/
Tesla: Elon Musk's EV maker to settle over fatal Autopilot crash: The trial, brought by the family of Apple engineer Walter Huang, was scheduled to begin this ...
bbc.com/news/articles/c14kggkr4vro
Tesla's rough year: slumping sales, layoffs, growing China competition: Tesla's sales slump and massive layoffs have ratcheted up the pressure on CEO Elon Musk ...
businessinsider.com/tesla-rough-year-sales-slump-layoffs-china-ev-competition-2024-4
Tesla's Robotaxi Plans Face Major Challenges: Tesla, Inc. CEO Elon Musk's plan to launch a robotaxi service brings potential profitability ...
seekingalpha.com/article/4683452-tesla-robotaxi-plans-face-major-challenges
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Tesla Heads For 2024 Lows As Investors Await Q1 Earnings For Clarity On Elon Musk's Big Bet On Autonomy
investors.com/news/tesla-stock-2024-lows-elon-musk-big-bet-on-autonomy/
Elon Musk wanted this deposition kept secret. Here are the best moments: Highlights from the Tesla CEO and X owner's newly released deposition transcript
qz.com/elon-musk-deposition-highlights-1851399387
Quick Glance: Spiro Faces Sanctions Bid in Texas Defamation Fight
- Benjamin Brody seeks sanctions against Elon Musk's lawyer Alex Spiro for alleged unauthorized legal practice in a defamation lawsuit.
- Spiro represented Musk in a hearing despite not being licensed in Texas and lacking court permission.
- Brody claims Musk made false statements about him on social media, leading to a lawsuit.
- Spiro's behavior during a hearing was described as highly unprofessional, prompting demands for legal fees and sanctions.
Tesla scouts for its first India showroom locations, sources say: U.S. electric carmaker Tesla is looking at potential showroom locations in New Delhi and Mumbai ...
reuters.com/business/autos-transportation/tesla-scouts-its-first-india-showroom-locations-sources-say-2024-04-15/
Elon Musk Meets Javier Milei: Chat About Cutting Red Tape, Boosting Birth Rates And More - Tesla (NASDAQ:
benzinga.com/markets/asia/24/04/38225670/elon-musk-meets-javier-milei-chat-about-cutting-red-tape-boosting-birth-rates-and-more
Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Tesla employees worry that layoffs are coming: Some Tesla employees told Business Insider they are concerned that layoffs are imminent ...
businessinsider.com/tesla-layoffs-employees-worry-2024-4
VIEW Tesla scraps low-cost car plans amid fierce Chinese EV competition: Tesla has canceled the long-promised inexpensive car that investors have been counting ...
reuters.com/business/autos-transportation/view-tesla-scraps-low-cost-car-plans-amid-fierce-chinese-ev-competition-2024-04-05/
Quick Glance: Tesla scraps plans for low-cost car amidst fierce Chinese EV competition
- Tesla has canceled the promised inexpensive car and will focus on self-driving taxis instead
- The shift in strategy comes as Tesla faces competition from Chinese EV makers, including BYD
- Elon Musk's vision of affordable electric cars for the masses has been abandoned in favor of robotaxis
- The decision reflects Tesla's efforts to stay competitive in a challenging market environment
Tesla (TSLA) is rumored to be preparing a massive round of layoffs: Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production ...
electrek.co/2024/04/14/tesla-rumor-massive-round-layoffs/
Money Tree: The Bloomberg Open, Asia Edition: Good morning. Goldman jumps after a big earnings beat. Tesla plans major layoffs. And Meta wants to bring VR ...
bloomberg.com/news/newsletters/2024-04-15/money-tree-the-bloomberg-open-asia-edition
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The EV revolution has stalled. Can these nifty bikes kick it back into gear?: If you can’t afford the latest electric car, there’s a smarter option that will ...
smh.com.au/national/nsw/the-ev-revolution-has-stalled-can-these-nifty-bikes-kick-it-back-into-gear-20240404-p5fhhu.html
Tesla Layoffs: Buffalo, NY Factory Loses 14% Workforce: Tesla Inc. is cutting 14% of the workforce at its factory in Buffalo, New York, according to a filing ...
bloomberg.com/news/articles/2024-04-17/tesla-to-cut-14-of-buffalo-staff-as-layoff-details-emerge
Tesla will unveil a robotaxi on April 8, according to Musk: Tesla is introducing a robotaxi on August 8, Elon Musk has announced on X a few hours after Reuters ...
engt.co/3PQVROA
🔊 The headlines from Reuters World News daily podcast:
- Israel weighs Iran response
- Old Stock Exchange spire collapses after Copenhagen fire
- Tesla lays ...
reut.rs/3Q8vbZR
Quick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
- A blaze engulfed Copenhagen’s historic former stock exchange in Denmark’s capital on Tuesday, with the spire being consumed by flames and collapsing.
- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
Tesla Needs a Model 2. A Robotaxi Isn’t the Answer.: Robotaxis are great, but what Tesla needs more is a lower-priced car to expand its addressable market.
barrons.com/articles/tesla-stock-model-2-robotaxi-musk-4293ccf4
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SpaceX Is Everything Tesla Is Not—Dominant, Growing, and Cheap
barrons.com/articles/spacex-tesla-stock-musk-e874eda6
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Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
cnbc.com/2024/04/17/tesla-is-laying-off-285-employees-in-buffalo-new-york-as-part-of-a-broad-restructuring.html
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