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Mortgage pain: Nelson family consider selling after $2500 monthly interest rate rise ‘brings tears to my eyes’
rnz.co.nz/news/national/483129/mortgage-pain-nelson-family-consider-selling-after-2500-monthly-interest-rate-rise-brings-tears-to-my-eyes
Mortgage pain: Nelson family consider selling after $2500 monthly interest ...
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Mortgage pain: Nelson family consider selling after $2500 monthly interest rate rise ‘brings tears to my eyes’
rnz.co.nz/news/national/483129/mortgage-pain-nelson-family-consider-selling-after-2500-monthly-interest-rate-rise-brings-tears-to-my-eyes
Mortgage pain: Nelson family consider selling after $2500 monthly interest ...
Profile picture of Bloomberg
Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet: Hertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected as it ...
bloomberg.com/news/articles/2024-04-25/hertz-reports-392-million-loss-as-it-unwinds-tesla-fleet-burden
Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet
Profile picture of The Atlantic
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
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Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?
Profile picture of Insider (news website)
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Profile picture of Insider (news website)
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Profile picture of The Guardian
How soon can Tesla get its more affordable car to the market?: Shares jump after carmaker says it is looking to accelerate production of lower-price EVs
theguardian.com/technology/2024/apr/24/how-soon-can-tesla-get-its-more-affordable-car-to-the-market
How soon can Tesla get its more affordable car to the market?
Quick Glance: Tesla's Rapid Launch of Affordable Cars
  • Tesla's plans for more affordable electric vehicles are moving closer.

  • To accelerate production, Tesla is deviating from the Model 2 plan and opting for current manufacturing lines.

  • The exact costs of the new models are still unclear, but the company anticipates achieving less cost reduction than previously expected.

  • Production of the new vehicles could start as early as early 2025, if not late this year.
Profile picture of The Sydney Morning Herald
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
Profile picture of Insider (news website)
Tesla vs. Meta earnings prove the power of Musk's word despite failed promises: Elon Musk managed to turn around Tesla's stock slide with a couple promises.
businessinsider.com/tesla-meta-earnings-prove-power-of-musk-word-despite-promises-2024-4
Tesla vs. Meta earnings prove the power of Musk's word despite failed ...
Profile picture of Time
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
Profile picture of Insider (news website)
Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
Musk promised cheaper Teslas: What if no one wants one?
Profile picture of The Washington Post
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.
Profile picture of Investor's Business Daily
Ford Earnings Surprise Wall Street. Auto Giant Maintains 2024 Profit Outlook.: Ford earnings for Q1 came in after the market closed on Wednesday ...
investors.com/news/ford-earnings-decline-expected-investors-await-2024-outlook/
Ford Earnings Surprise Wall Street. Auto Giant Maintains 2024 Profit ...
Profile picture of HuffPost
Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Announces Steep Employee Cuts Amid Revenue Drop
Profile picture of Electrek
Tesla expects its 4680 battery cells to be cheaper than suppliers by end of year: Tesla now says that it expects its own 4680 battery cells to become cheaper ...
electrek.co/2024/04/24/tesla-expects-4680-battery-cells-cheaper-than-suppliers-end-of-year/
Tesla expects its 4680 battery cells to be cheaper than suppliers by end ...
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Tesla Stock Soars. Musk Is Fixing His Strategic Mistake—in the Nick of Time.: Tesla’s earnings show that EVs aren’t dead yet. The industry is just on the other ...
on.barrons.com/3UglvxA
Tesla Stock Soars. Musk Is Fixing His Strategic Mistake—in the Nick of ...
Profile picture of N-tv
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
Profile picture of Digital Trends
Fake engine noises in electric cars need to die: Electric cars have the benefit of being much more quiet than their gas-powered counterparts ...
digitaltrends.com/cars/fake-engine-noises-in-electric-cars-need-to-die/
Fake engine noises in electric cars need to die
Profile picture of Reuters
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
  • Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.

  • The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.

  • Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.

  • The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
Profile picture of Investor's Business Daily
$433 Billion Gone! One Stock Loses More Value Than Tesla: Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the ...
investors.com/etfs-and-funds/sectors/sp500-billion-gone-one-stock-lost-more-value-than-tesla/
$433 Billion Gone! One Stock Loses More Value Than Tesla
Profile picture of The Sacramento Bee
Elon Musk apologizes to laid off Tesla employees for a major mistake
sacbee.com/news/business/article287862635.html
Elon Musk apologizes to laid off Tesla employees for a major mistake
Profile picture of Bloomberg
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone
Profile picture of CNN.com
Tesla’s earnings plunge, but the company promises cheaper car model: Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered ...
cnn.com/2024/04/23/business/tesla-report-earnings-result/
Tesla’s earnings plunge, but the company promises cheaper car model
Profile picture of The Drive
Elon Musk Teases 'More Affordable Models' to Bump Tesla's Falling Stock
thedrive.com/news/elon-musk-teases-more-affordable-models-to-bump-teslas-falling-stock
Elon Musk Teases 'More Affordable Models' to Bump Tesla's ...
Profile picture of The Verge
Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Tesla’s in its flop era
Profile picture of Insider (news website)
Cheaper Teslas are arriving sooner than planned: Tesla said cheaper models are coming sooner than it had planned. The move comes as it reported a steep Q1 ...
businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4
Cheaper Teslas are arriving sooner than planned
Profile picture of Insider (news website)
Tesla's future is riding on Elon Musk believers: Tesla reported a drop in revenue during its first quarter earnings call, falling short of expectations and ...
businessinsider.com/teslas-future-is-riding-on-elon-musk-believers-2024-4
Tesla's future is riding on Elon Musk believers
Profile picture of Electrek
New York State’s largest solar + storage carport breaks ground at JFK airport: New York State’s largest onsite solar plus storage project – a solar carport ...
electrek.co/2024/04/24/new-york-state-largest-solar-storage-carport-jfk-airport/
New York State’s largest solar + storage carport breaks ground at JFK ...
Profile picture of Quartz
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Elon Musk's SpaceX seems to have a workplace injury problem
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
  • Injury rates at SpaceX facilities surpassed industry average in 2023.

  • Injuries at SpaceX locations worsened compared to 2022.

  • Experts raise concerns about the quality of work at SpaceX.

  • SpaceX and Musk have not publicly addressed safety record in detail.
Profile picture of Insider (news website)
Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car: "We're updating our future vehicle lineup to accelerate the launch of our low-cost ...
markets.businessinsider.com/news/stocks/tesla-stock-price-q1-earnings-elon-musk-affordable-car-plans-2024-4
Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car
Profile picture of Insider (news website)
Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss: "The tide in news flow appears to suggest the risk to the stock is skewing more ...
markets.businessinsider.com/news/stocks/tesla-stock-price-outlook-bofa-upgrade-buy-q1-earnings-robotaxi-2024-4
Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss
Profile picture of Insider (news website)
Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04
Tesla's Cybertruck needs a hole drilled through the accelerator pedal
Profile picture of The Guardian
Tesla sees biggest revenue drop since 2012 but company shares still surge: Shares are up despite a revenue decline of 9% after company said it expects to release ...
theguardian.com/technology/2024/apr/23/tesla-tsla-earnings-report-cybertruck
Tesla sees biggest revenue drop since 2012 but company shares still surge
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Tesla promises 'more affordable' cars after shelving all-new Model 2: Tesla said on Tuesday it would introduce "new models" by early 2025 using its current ...
reuters.com/business/autos-transportation/teslas-quarterly-revenue-falls-first-time-since-2020-2024-04-23/
Tesla promises 'more affordable' cars after shelving all-new Model 2
Profile picture of New York Magazine
Can Elon Musk Pull Off a Comeback Like Mark Zuckerberg?: Tesla CEO Elon Musk tries to execute a dramatic, tech-driven pivot to rescue his company’s crashing ...
nymag.com/intelligencer/article/can-elon-musk-pull-off-a-comeback-like-mark-zuckerberg.html
Can Elon Musk Pull Off a Comeback Like Mark Zuckerberg?
Profile picture of The Irish Times
Tesla axes new Model 2, but promises cheaper cars: Tesla will make "new models" by 2025 using its current production lines - but has retreated from ...
irishtimes.com/video/video/2024/04/25/tesla-axes-new-model-2-but-promises-cheaper-cars/
Tesla axes new Model 2, but promises cheaper cars
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Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
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Tesla’s net income drops 55% in first quarter amid falling global sales - National | Globalnews.ca
trib.al/MIpAJGd
Tesla’s net income drops 55% in first quarter amid falling global sales - ...
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Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders: Perhaps investors will ignore falling profits and revenues in favor of a sexy—though not yet ...
thedailybeast.com/musk-plays-up-sentient-humanoid-robots-as-tesla-flounders
Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders
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Stock market today: Tesla jumps as Musk's EV promises charm investors: Despite missing expectations for the first quarter, Tesla stock still staged a comeback in ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-affordable-electric-cars-earnings-2024-4
Stock market today: Tesla jumps as Musk's EV promises charm investors
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Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost: Tesla mass layoffs slam Bay Area workers in Fremont and Palo Alto facilities, with over 2 ...
sfchronicle.com/bayarea/article/tesla-layoffs-bay-area-19418511.php
Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost
Quick Glance: Tesla Layoffs Impact Bay Area with Over 2,750 Jobs Lost
  • Tesla mass layoffs hit Bay Area's Fremont and Palo Alto facilities, resulting in over 2,750 job cuts. The job cuts are part of a broader 10% workforce reduction at Tesla, affecting various locations.

  • The layoffs are set to commence on June 14, impacting employees across multiple sites in Fremont and Palo Alto. In addition, significant job losses will occur in Lathrop, Burbank, and Austin, totaling thousands of affected workers.

  • Tesla's decision to eliminate a large portion of its workforce stems from the need to reduce costs amidst industry challenges. CEO Elon Musk emphasized the necessity of these layoffs despite their impact on employees and communities.

  • The company's restructuring plan reflects a shift in focus and operational strategies to address market dynamics, including declining stock value and competitive pressures in the electric vehicle sector. Tesla's future direction aims to navigate these challenges while maintaining its position in the industry.
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Tesla (TSLA) Global Job Cuts Includes Layoffs in Austin: Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of Chief Executive ...
bloomberg.com/news/articles/2024-04-23/tesla-to-cut-2-688-roles-in-texas-as-it-slashes-global-workforce
Tesla (TSLA) Global Job Cuts Includes Layoffs in Austin
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Why Tesla Stock Is Soaring After a Q1 Earnings Miss: Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today ...
kiplinger.com/investing/stocks/why-tesla-stock-is-soaring-after-a-q1-earnings-miss
Why Tesla Stock Is Soaring After a Q1 Earnings Miss
Profile picture of Insider (news website)
Elon Musk vague when asked if he would step back from Tesla in 3 years: Elon Musk did not give a direct answer on Tuesday about whether he plans to reduce his ...
businessinsider.com/elon-musk-vague-if-he-would-step-back-from-tesla-2024-4
Elon Musk vague when asked if he would step back from Tesla in 3 years
Profile picture of Electrek
CATL unveils world’s first LFP battery with 4C ultra-fast charging for 370-mi in 10 mins
electrek.co/2024/04/25/catl-unveils-worlds-first-lfp-battery-4c-ultra-fast-charging/
CATL unveils world’s first LFP battery with 4C ultra-fast charging for ...
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Tesla Devil’s Slide crash: Hearing begins over accused driver’s potential admission into mental health diversion program
mercurynews.com/2024/04/24/tesla-devils-slide-crash-hearing-begins-over-accused-drivers-potential-admission-into-mental-health-diversion-program/
Tesla Devil’s Slide crash: Hearing begins over accused driver’s potential ...
Profile picture of Insider (news website)
Tesla's chaotic layoffs leaves workers nervous about future: In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo.
businessinsider.com/teslas-workers-nervous-about-future-after-layoffs-2024-4
Tesla's chaotic layoffs leaves workers nervous about future