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Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it ... Show more https://trib.al/XhYow82
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Shop Builds Luxury Single Cab, Short Bed Chevy Silverados Because GM Won’t: There's a lot of cutting involved, but these shorty Silverado High Country ...
thedrive.com/news/shop-builds-luxury-single-cab-short-bed-chevy-silverados-because-gm-wont
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 recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
bbc.com/news/articles/c9ezp0lv039o
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
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 shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Walmart Is Poised to Overtake Tesla in Market Value. How the Retailer Got Here.: It’s a tale of contrasting fortunes: Walmart stock has steadily risen as some of ...
barrons.com/articles/walmart-tesla-overtake-market-value-40f12270
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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
You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
electrek.co/2024/04/18/you-can-power-your-home-for-21-days-with-a-chevy-silverado-ev-and-gms-new-bidirectional-charger/
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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Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
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
Tesla: With The Commoditization Of EVs Is Now An Overvalued Car Company: Tesla should now be treated as a regular car company due to competition in the EV and ...
seekingalpha.com/article/4684402-tesla-with-the-commoditization-of-evs-is-now-an-overvalued-car-company
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GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
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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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 cancels some layoff separation agreements: Some laid off Tesla workers received a notification that their separation agreement had been canceled.
businessinsider.com/tesla-cancels-some-layoff-separation-agreements-2024-4
Tesla Is Recalling Thousands of Cybertrucks Over Scary Accelerator Fault: The pedal can get “trapped” on the truck’s interior trim, causing the vehicle to ...
thedailybeast.com/tesla-is-recalling-thousands-of-cybertrucks-over-scary-accelerator-fault
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BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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Elon Musk Says This Is 'Blindingly Obvious.' Cathie Wood Keeps Buying.: Elon Musk took to X claiming it makes sense to focus on autonomous driving ...
investors.com/news/tesla-stock-elon-musk-blindingly-obvious-to-focus-on-autonomy-cathie-wood-keeps-buying/
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 tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
reuters.com/legal/tesla-tries-legal-band-aid-revive-musks-huge-pay-deal-2024-04-18/
Tesla halves the price of its Full Self Driving (Supervised) subscription to $99 per month
engt.co/3Ufb2DO
RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor: General Motors is moving out of Detroit's RenCen. Freep readers share thoughts on ...
freep.com/story/opinion/readers/2024/04/18/gm-rencen-renaissance-center-detroit-waterfront-repurpose-demolition/73356433007/
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/
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’s newsy week, and is fintech having a moment?: It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this ...
techcrunch.com/2024/04/19/teslas-newsy-week-and-is-fintech-having-a-moment/
Tesla says 300 subcontracted workers let go in Germany: Tesla has let go of 300 temporary workers in Germany in keeping with their contract period ...
reut.rs/3vZecT6
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/
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/
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 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.
Are front license plates required for all vehicles in Sacramento? Your question answered
sacbee.com/news/local/article287693925.html
What’s going on with the Cybertruck? Tesla seems to have halted deliveries - National | Globalnews.ca
trib.al/8FyfYOO
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.
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
GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
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
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
lemonde.fr/en/international/article/2024/04/18/tesla-asks-shareholders-to-reapprove-huge-musk-compensation-package_6668778_4.html
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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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 leaks new Model 3 Performance ‘Ludicrous’ details: Tesla has leaked some details about its elusive new Model 3 Performance ‘Ludicrous’ ...
electrek.co/2024/04/18/tesla-leaks-new-model-3-performance-ludicrous-details/
Thinking of Getting a Tesla? Consider One of These Other EVs Before You Buy: The Tesla brand is a favorite among EV shoppers, but other automakers have excellent ...
cars.usnews.com/cars-trucks/advice/tesla-alternatives
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
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
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 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
Elon Musk apologizes to laid-off Tesla employees for severance error: In a brief email, the CEO assured the company was working to remedy the mistake.
sfchronicle.com/tech/article/elon-musk-apologizes-tesla-severance-packages-19410249.php
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.
Temporary workers initially affected: Tesla separates from 300 employees in Germany
n-tv.de/wirtschaft/Tesla-trennt-sich-von-300-Mitarbeitern-in-Deutschland-article24882129.html
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.
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
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’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/
Tesla’s One Big Problem, and How to Solve It: Tesla is finding it a lot harder to sell its cars these days. If CEO Elon Musk doesn’t take the problem seriously ...
on.barrons.com/3Un0z9G
Tesla to cut over 10% of workforce as EV demand cools: Chief Executive Officer Elon Musk revealed the job cuts in an email to staff, citing duplication of roles ...
bloomberg.com/news/articles/2024-04-15/tesla-to-cut-over-10-of-its-global-workforce-electrek-reports
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
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
Tesla: Don't Panic And Consider Buying The Dip: Tesla stock is undervalued relative to its long-term profitability prospects. Read more to see an overview and ...
seekingalpha.com/article/4682155-tesla-dont-panic-and-consider-buying-the-dip
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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 discloses it spent $200,000 advertising on X: Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off ...
cnn.com/2024/04/18/business/elon-musk-tesla-advertises-on-x/
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.
Tesla (TSLA) Model 2 Is Crucial to Investment Thesis, David Baron Says: A prominent Tesla Inc. investor on Wall Street warns his bullish case would be in ...
bloomberg.com/news/articles/2024-04-18/tesla-tsla-bull-david-baron-warns-ditching-cheaper-model-2-thesis-changing
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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
We know more about where Tesla is slashing jobs: Tesla laid off 280 workers at its facility in Buffalo, New York, according to a regulatory filing in New York.
businessinsider.com/where-tesla-elon-musk-slashing-jobs-buffalo-new-york-2024-4
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/
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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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
US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has ...
reuters.com/business/autos-transportation/us-opens-probe-into-over-3300-gm-cadillac-lyriq-vehicles-over-loss-brake-assist-2024-04-15/
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
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