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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: Shareholders Called upon to Support Elon Musk's Compensation at Tesla
  • Tesla is seeking approval from shareholders for CEO Elon Musk's compensation, which was recently invalidated by a Delaware court.

  • The shareholder vote will take place during the company's annual meeting on June 13.

  • Tesla has filed a proxy statement with the Securities and Exchange Commission to seek shareholder approval for Musk's compensation.

  • The relocation of Tesla's corporate headquarters from Delaware to Texas is also subject to shareholder approval.
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
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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 Newsweek
Donald Trump Suffers Double Loss at Start of Trial: The judge dismissed a motion from Trump and granted a request from prosecutors all before jury selection ...
newsweek.com/donald-trump-double-loss-trial-hush-money-payments-1890398
Donald Trump Suffers Double Loss at Start of Trial
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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'
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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.
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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’
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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 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
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After knife attack in Sydney: policewoman celebrated as a heroine: Amy Scott is the name of the policewoman who shot the knife attacker in Sydney ...
zdf.de/nachrichten/panorama/kriminalitaet/sydney-angriff-frauen-100.html
After knife attack in Sydney: policewoman celebrated as a heroine
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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 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 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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Mafia 4: Take-Two is about to be revealed [rumor]: A fairly reliable leaker reports that Take-Two Interactive will present the next entry in the Mafia series in ...
pcgameshardware.de/Mafia-Trilogy-Spiel-72734/News/Take-Two-mit-Ankuendigung-1445521/
Mafia 4: Take-Two is about to be revealed [rumor]
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
Profile picture of TheStreet
Elon Musk planning a major change to X; it involves a ‘tiny fee’: Popular social media platform X may soon get a bit more expensive.
thestreet.com/social-media/elon-musk-planning-a-major-change-to-x-it-involves-a-tiny-fee
Elon Musk planning a major change to X; it involves a ‘tiny fee’
Profile picture of Quartz
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
Read Tesla CEO Elon Musk's leaked layoffs memo
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)
Elon Musk says AI will outsmart humans by 2026: Tech billionaire Elon Musk believes AI will outsmart humans by 2026. But data scarcity and a chip shortage may ...
businessinsider.com/elon-musk-says-ai-will-outsmart-humans-by-2026-2024-4
Elon Musk says AI will outsmart humans by 2026
Quick Glance: Elon Musk predicts AI will surpass human intelligence by 2026
  • Elon Musk anticipates AI to be smarter than an individual human by the end of next year.

  • The Tesla CEO forecasts that the total amount of sentient compute will surpass all humans in five years.

  • Musk speculates that due to the abundance of talent in AI, AI could surpass human intelligence by 2026.

  • Despite highlighting hardware constraints and data scarcity, Musk remains optimistic about AI advancements in the upcoming years.
Profile picture of Insider (news website)
Tesla is laying off more than 10% of its workforce: The layoffs at Tesla have come shortly after the carmaker posted lackluster delivery numbers.
businessinsider.com/tesla-layoffs-job-cuts-2024-2
Tesla is laying off more than 10% of its workforce
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 Insider (news website)
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 rough year: slumping sales, layoffs, growing China competition
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How much severance laid-off Tesla workers get: Five former workers told Business Insider that Tesla's severance offer included two months' pay.
businessinsider.com/tesla-layoffs-severance-agreement-pay-benefits-details-2024-4
How much severance laid-off Tesla workers get
Profile picture of N-tv
"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
Profile picture of Insider (news website)
Tesla loses senior staff amid layoffs, analyst urges Musk to set out vision: High-level Tesla executives have announced they're leaving since Elon Musk announced ...
businessinsider.com/tesla-elon-musk-layoffs-senior-staff-2024-4
Tesla loses senior staff amid layoffs, analyst urges Musk to set out ...
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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
Musk needs to explain Tesla layoffs amid 'horror show': Dan Ives
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How O.J. Simpson Tried—and Failed—to Rebrand Himself in Final Years: O.J. Simpson posted everything from sports commentary to his political opinions via video on ...
thedailybeast.com/how-oj-simpson-triedand-failedto-rebrand-himself-in-final-years
How O.J. Simpson Tried—and Failed—to Rebrand Himself in Final Years
Quick Glance: O.J. Simpson's Failed Attempt at Rebranding
  • O.J. Simpson tried unsuccessfully to improve his image through social media.

  • Despite attempts at normalization through videos, he could not alter his negative image.

  • Expert Bernt Ullmann explains Simpson's lack of remorse, crucial for a successful comeback.

  • Simpson's controversial videos further polarized and isolated him from the public.
Profile picture of The Seattle Times
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
As EVs surge, warning signs grow for Tesla | Analysis
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As Iran attacked Israel, old and faked videos and images got millions of views on X
npr.org/2024/04/16/1244920615/iran-israel-fake-social-media-disinformation
As Iran attacked Israel, old and faked videos and images got millions of ...
Profile picture of Insider (news website)
Most unusual CEO habits: from naps at noon to 3.30 a.m. workouts: These are some of the bizarre daily habits of top CEOs such as Elon Musk, Tim Cook ...
businessinsider.com/elon-musk-mark-zuckerberg-tim-cook-ceos-unusual-habits-routines-2024-4
Most unusual CEO habits: from naps at noon to 3.30 a.m. workouts