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Profile picture of The Guardian
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
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and ...
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.
Profile picture of Wirtschaftswoche
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!: Tesla is facing a huge wave of redundancies. This is bad news for the employees ...
wiwo.de/unternehmen/auto/stellenabbau-bei-tesla-musks-abschied-von-wolkenkuckucksheim/29757498.html
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!
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.
Profile picture of Insider (news website)
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
Why Tesla wants to give Elon Musk $55 billion pay package
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.
Profile picture of Birmingham Live
Warwick Davis' wife Samantha dies aged 53 as he issues statement: Warwick - who hosts ITV Tenable - described his late wife as his "most trusted confidant ...
birminghammail.co.uk/news/showbiz-tv/warwick-davis-wife-samantha-dies-29015802
Warwick Davis' wife Samantha dies aged 53 as he issues statement
Quick Glance: Warwick Davis Mourns Wife Samantha Davis After Her Passing at 53
  • Actress Samantha Davis, the wife of Star Wars and Harry Potter actor Warwick Davis, has passed away at the age of 53.

  • Her husband Warwick confirmed Samantha's passing in a statement, revealing that she departed on March 24.

  • In a statement, Warwick described the impact of Samantha's passing on his and his family's lives.

  • Warwick also praised Samantha as his 'most trusted confidant and an ardent supporter of everything I did in my career.'
Profile picture of Insider (news website)
Elon Musk confirms he used a secret account on X : Elon Musk said he had used an alternate "test account" on X, with which he at times roleplayed as a toddler.
businessinsider.com/elon-musk-confirms-secret-twitter-account-x-child-2024-4
Elon Musk confirms he used a secret account on X
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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/
Wall Street wants answers from Elon Musk on Tesla's Model 2 car
Profile picture of Insider (news website)
Elon Musk's wealth crashes $160 billion from peak amid Tesla troubles: Tesla stock has tanked by more than 60% since late 2021, slashing Elon Musk's fortune from ...
businessinsider.com/elon-musk-net-worth-tesla-stock-ev-billionaires-wealth-layoffs-2024-4
Elon Musk's wealth crashes $160 billion from peak amid Tesla troubles
Profile picture of Insider (news website)
Mark Zuckerberg net worth overtakes Elon Musk's for world's 3rd-richest: Musk and Zuckerberg have been at odds with each other in the past, with both agreeing to ...
businessinsider.com/mark-zuckerberg-elon-musk-net-worth-comparison-3rd-richest-person-2024-4
Mark Zuckerberg net worth overtakes Elon Musk's for world's 3rd-richest
Profile picture of Reuters
Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
Musk’s next big payday matters more than his last
Profile picture of Evening Standard
Celebrity baker Paul Hollywood: I would like to see Princess Royal on Bake Off: On Wednesday, Hollywood was made an MBE for services to baking and broadcasting.
standard.co.uk/showbiz/paul-hollywood-princess-royal-mbe-great-british-bake-off-b1152082.html
Celebrity baker Paul Hollywood: I would like to see Princess Royal on Bake ...
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Why Is Elon Musk Dragging His 3-Year-Old Around the World?: Elon Musk has taken to bringing his 3-year-old son X to events around the world ...
nymag.com/intelligencer/article/why-is-elon-musk-dragging-his-3-year-old-around-the-world.html
Why Is Elon Musk Dragging His 3-Year-Old Around the World?
Profile picture of Insider (news website)
Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4
Elon Musk apologizes for 'incorrectly low' Tesla severance: report
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Russian troops: How many soldiers have died so far?: The number of Russian casualties in Ukraine has exceeded 50,000, reports the BBC. How did the journalists ...
zdf.de/nachrichten/politik/ausland/tote-soldaten-ukraine-krieg-russland-100.html
Russian troops: How many soldiers have died so far?
Profile picture of Entrepreneur
Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform: Elon Musk said X will soon start charging new users who want to post on the platform to ...
entrepreneur.com/business-news/elon-musk-says-new-x-users-will-be-charged-a-fee-to-post/472864
Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform
Profile picture of Daily Mirror
Death in Paradise star lands huge new role in BBC drama after quitting series: Tahj Miles, who played Officer Marlon Pryce in Death in Paradise ...
mirror.co.uk/tv/tv-news/death-paradise-star-lands-huge-32612608
Death in Paradise star lands huge new role in BBC drama after quitting ...
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EastEnders Bobby star quits soap after five years as exit storyline 'confirmed': Clay Milner Russell, who plays Bobby Beale on the BBC soap, has quit his role on ...
mirror.co.uk/tv/tv-news/breaking-bbc-eastenders-bobby-beale-32593149
EastEnders Bobby star quits soap after five years as exit storyline ...
Profile picture of Tages-Anzeiger
Job cuts at Tesla: Elon Musk would love to be a visionary: The Tesla boss wants to be special and save the world. But the current employee layoffs are neither ...
tagesanzeiger.ch/stellenabbau-bei-tesla-elon-musk-waer-so-gern-ein-visionaer-239188072200
Job cuts at Tesla: Elon Musk would love to be a visionary
Profile picture of Daily Mirror
Stephen Mulhern and Josie Gibson spark romance rumours while holding hands: Stephen Mulhern and Josie Gibson looked cosy as they were spotted holding hands ...
dailystar.co.uk/showbiz/stephen-mulhern-josie-gibson-spark-32591596
Stephen Mulhern and Josie Gibson spark romance rumours while holding hands
Profile picture of Daily Mirror
Lee Mack says 'it's not my decision' as he admits BBC show won't return : Comedian Lee Mack has confirmed that his hit sitcom Not Going Out won't be back in ...
mirror.co.uk/3am/celebrity-news/lee-mack-says-its-not-32591794
Lee Mack says 'it's not my decision' as he admits BBC show won't return
Profile picture of Wccftech
Elon Musk Indicates That X Might Soon Start Charging New Users for Basic Actions Such as Liking, Bookmar…
wccftech.com/elon-musk-indicates-that-x-might-soon-start-charging-new-users-for-basic-actions-such-as-liking-bookmarking-and-replying-to-posts/
Elon Musk Indicates That X Might Soon Start Charging New Users for Basic ...
Profile picture of Bloomberg
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
Elon Wants His Money Back
Profile picture of Insider (news website)
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
Elon Musk says Tesla needs a 'complete organizational overhaul'
Profile picture of Newsweek
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
Tesla 'Layoffs' Spell Bad News for Elon Musk
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.
Profile picture of N-tv
Moscow's losses in Ukraine: BBC counts more than 50,000 fallen Russian soldiers: Russia is paying a high price for its war of aggression in Ukraine ...
n-tv.de/politik/BBC-zaehlt-mehr-als-50-000-gefallene-russische-Soldaten-article24880911.html
Moscow's losses in Ukraine: BBC counts more than 50,000 fallen Russian ...
Profile picture of TheStreet
Elon Musk's biggest fans are downplaying the news of Tesla's largest layoff : Despite the EV juggernaut letting go of "more than 10%" of its workforce ...
thestreet.com/electric-vehicles/elon-musks-biggest-fans-are-downplaying-the-news-of-teslas-largest-layoff-
Elon Musk's biggest fans are downplaying the news of Tesla's largest ...
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Elon Musk raises alarm on Greece’s ‘population collapse’: Billionaire Elon Musk addressed Greece’s low birth rate in a post on Platform X on Monday.
ekathimerini.com/news/1236553/elon-musk-raises-alarm-on-greeces-population-collapse/
Elon Musk raises alarm on Greece’s ‘population collapse’
Profile picture of Insider (news website)
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
I relocated when Tesla asked. Then I was laid off.
Profile picture of Nikkei Asia
Tesla to cut workforce as China accelerates into EV sector: NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric vehicle giant is cutting ...
asia.nikkei.com/Business/Automobiles/Tesla-to-cut-workforce-as-China-accelerates-into-EV-sector
Tesla to cut workforce as China accelerates into EV sector
Profile picture of N-tv
Satirist irritates with video: Did Jan Böhmermann cave in?: In his podcast, Jan Böhmermann has been talking for a long time about wanting to buy an electric car ...
n-tv.de/leute/Ist-Jan-Boehmermann-eingeknickt-article24882828.html
Satirist irritates with video: Did Jan Böhmermann cave in?
Profile picture of Bloomberg
Tesla’s Strategy Shifts Are Following Elon Musk’s AI Whims: The carmaker’s founder is focused elsewhere. Plus: What’s behind that insurance bill.
bloomberg.com/news/newsletters/2024-04-17/tesla-s-strategy-shifts-are-following-elon-musk-s-ai-whims
Tesla’s Strategy Shifts Are Following Elon Musk’s AI Whims
Profile picture of The Mercury News
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 to cut over 10% of workforce in global retrenchment
Profile picture of t3n.de
Elon Musk : l'IA sera "plus intelligente que l'homme le plus intelligent" d'ici deux ans
t3n.de/news/elon-musk-ki-wird-innerhalb-von-zwei-jahren-intelligenter-als-der-intelligenteste-mensch-sein-1619109/
Elon Musk : l'IA sera
Profile picture of Ars Technica
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 to lay off more than 10 percent of its workers as sales slow
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Elon Musk says in email that Tesla sent 'incorrectly low' severance packages to some laid-off employees
cnbc.com/2024/04/17/tesla-says-in-email-it-sent-some-incorrectly-low-severance-packages.html
Elon Musk says in email that Tesla sent 'incorrectly low' severance ...
Profile picture of Insider (news website)
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 worker laid off weeks after joining says he can't pay rent
Profile picture of Los Angeles Times
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 EV market is in trouble: The latest sign is Tesla's layoffs
Profile picture of Insider (news website)
Grimes apologizes to fans for technical issues after Coachella set: Videos on X showed Grimes visibly frustrated during her Coachella set and, at one point ...
businessinsider.com/grimes-apologizes-to-fans-for-technical-issues-after-coachella-set-2024-4
Grimes apologizes to fans for technical issues after Coachella set