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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.
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Mark Cuban is ‘proud to pay’ $275.9 million in taxes: 'It’s crazy and unreal in so many ways'
cnbc.com/2024/04/15/how-much-mark-cuban-pays-in-taxes.html
Mark Cuban is ‘proud to pay’ $275.9 million in taxes: 'It’s crazy and ...
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 Quartz
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
Mark Zuckerberg has passed Elon Musk as the world's third-richest person ...
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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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 pcgameshardware.de
Mafia 4: Take-Two is about to unveil [Rumor]: A fairly reliable leaker reports that Take-Two Interactive will present the next entry in the Mafia series in the ...
pcgameshardware.de/Mafia-Trilogy-Spiel-72734/News/Take-Two-mit-Ankuendigung-1445521/
Mafia 4: Take-Two is about to unveil [Rumor]
Profile picture of New York Magazine
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?
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Mark Cuban: Find out why Mark Cuban is one of the 100 most influential people of 2024.
time.com/6964168/mark-cuban/
Mark Cuban
Profile picture of Insider (news website)
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 cancels some layoff separation agreements
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
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 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 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
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
  • A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.

  • The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.

  • Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.

  • The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
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 ...
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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 San Francisco Chronicle
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
Elon Musk apologizes to laid-off Tesla employees for severance error
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 CNN.com
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 discloses it spent $200,000 advertising on X
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
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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
Tesla (TSLA) Model 2 Is Crucial to Investment Thesis, David Baron Says
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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 ZDF
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
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
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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