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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 The Drive
Rivian Will Use Your EV to Spread the Word About Bad Public Chargers: Thanks to a new update, Rivians will now grade public chargers each time their owners use ...
thedrive.com/news/rivian-will-use-your-ev-to-spread-the-word-about-bad-public-chargers
Rivian Will Use Your EV to Spread the Word About Bad Public Chargers
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Maserati Will Only Sell EVs by 2028: Maserati's "Folgore Day" kicks off the beginning of its journey to full electrification by 2028 and launches ...
thedrive.com/news/maserati-will-only-sell-evs-by-2028
Maserati Will Only Sell EVs by 2028
Profile picture of The Drive
Fox Shocks Will Sell This Skunkworks Silverado With 700 HP and Wild Suspension: Fox developed the F-150 Raptor rival that Chevy won't, and it's an ...
thedrive.com/news/fox-shocks-will-sell-this-skunkworks-silverado-with-700-hp-and-wild-suspension
Fox Shocks Will Sell This Skunkworks Silverado With 700 HP and Wild ...
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Deutsche Bahn launches discounted Bahncard 100 for young people: Travel across Germany for a year - that's possible with the Bahncard 100. Now available in a ...
heise.de/news/Bahncard-100-fuer-junge-Leute-Fuer-3000-Euro-ein-Jahr-in-der-2-Klasse-9685543.html
Deutsche Bahn launches discounted Bahncard 100 for young people
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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
The Dow drops 250 points as Tesla and Trump Media struggles overwhelm bank ...
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German EV Motor Could Break Supply-Chain Deadlock: Innovative design promises high performance without rare-earth magnets
spectrum.ieee.org/ev-motor-rare-earth-free
German EV Motor Could Break Supply-Chain Deadlock
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
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GM plans to move headquarters to different building in Detroit, source says: General Motors is moving its headquarters deeper into downtown Detroit after ...
reuters.com/business/autos-transportation/gm-plans-move-headquarters-different-building-detroit-source-2024-04-15/
GM plans to move headquarters to different building in Detroit ...
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 Euronews
Tesla: What opportunities will Q1 earnings provide for its shares?: Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth ...
euronews.com/business/2024/04/16/tesla-results-could-a-boost-in-earnings-accelerate-share-price-growth
Tesla: What opportunities will Q1 earnings provide for its shares?
Profile picture of Electrek
Rivian launches new reliability scoring feature to make public EV charging easier
electrek.co/2024/04/15/rivian-launches-new-reliability-scoring-ev-charging-easier/
Rivian launches new reliability scoring feature to make public EV charging ...
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Volkswagen announces R4bn investment in Kariega plant: Volkswagen Group Africa on Tuesday announced a R4bn investment in its manufacturing plant in Kariega ...
timeslive.co.za/motoring/news/2024-04-16-volkswagen-announces-r4bn-investment-in-kariega-plant/
Volkswagen announces R4bn investment in Kariega plant
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5 things to know for April 16: Trump trial, Funding fight, Baltimore bridge, ‘Rust’ sentencing, Tesla
cnn.com/2024/04/16/us/5-things-to-know-for-april-16-trump-trial-funding-fight-baltimore-bridge-rust-sentencing-tesla/
5 things to know for April 16: Trump trial, Funding fight ...
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Holidaymaker bitten by snake at birthday trip yoga session: Sam West was left in intensive care after being bitten by a viper in Cyprus.
bbc.com/news/articles/cq5n8ve9dpvo
Holidaymaker bitten by snake at birthday trip yoga session
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Non-stop from New York to Seattle (& vice versa) for only $217 roundtrip: Non-stop flights from New York to Seattle for only $217 roundtrip with Alaska Airlines ...
secretflying.com/posts/new-york-to-seattle-vice-versa-for-only-196-roundtrip/
Non-stop from New York to Seattle (& vice versa) for only $217 roundtrip
Profile picture of Electrek
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 top engineering executive Drew Baglino leaves in massive ...
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These are the top 5 companies to work for in India, according to LinkedIn: LinkedIn has released its eighth annual list of top companies to work for in India ...
cnbc.com/2024/04/16/these-are-the-top-5-companies-to-work-for-in-india-says-linkedin.html
These are the top 5 companies to work for in India, according to LinkedIn
Profile picture of Insider (news website)
iPhone shipments fell nearly 10% in the first quarter: Samsung shipped the most smartphones in the first three months of the year, according to a new report.
businessinsider.com/iphone-global-shipments-fell-10-percent-first-quarter-apple-problems-2024-4
iPhone shipments fell nearly 10% in the first quarter
Profile picture of Electrek
Tesla reveals big update with new UI, auto shift, Audible, new Spotify, and more: Tesla reveals an upcoming big new in-car software update with new and updated ...
electrek.co/2024/04/16/tesla-reveals-big-update-with-new-ui-auto-shift-audible-new-spotify-and-more/
Tesla reveals big update with new UI, auto shift, Audible, new Spotify ...
Profile picture of The National
Tesla to cut 10% of workforce as it aims to become 'lean and innovative': CEO Elon Musk says there has been duplication of roles and job functions in certain ...
thenationalnews.com/future/technology/2024/04/15/tesla-job-cuts/
Tesla to cut 10% of workforce as it aims to become 'lean and innovative'
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Ohio man, 81, fatally shoots Uber driver, 61, after scammers target both of them, officials say
nbcnews.com/news/us-news/ohio-man-81-charged-fatal-shooting-uber-driver-mistakenly-thought-was-rcna147827
Ohio man, 81, fatally shoots Uber driver, 61, after scammers target both ...
Profile picture of Irish Examiner
Tesla to lay off over 10% of staff as sales fall: The world's largest automaker by market value had 140,473 employees globally as of December 2023 ...
irishexaminer.com/business/companies/arid-41374804.html
Tesla to lay off over 10% of staff as sales fall
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Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
cnbc.com/2024/04/16/tesla-layoffs-send-shares-down-on-concerns-about-weakening-demand.html
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand ...
Profile picture of Insider (news website)
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
Some Tesla workers get badge scan, realize layoff
Profile picture of USA Today
Port to plate in 48 hours? How Holland America Line brings fresh fish to guests: Holland America Line brings a wide range of seafood from port to plate within 48 ...
usatoday.com/story/travel/cruises/2024/04/16/holland-america-line-fresh-fish-cruises/73339170007/
Port to plate in 48 hours? How Holland America Line brings fresh fish to ...
Profile picture of HotHardware
Tesla Job Cuts: Electric Carmaker Lays Off Thousands Amid Rapid Growth: Tesla just announced sweeping job cuts to its global workforce taking many employees by ...
hothardware.com/news/tesla-cuts-more-than-ten-percent-of-global-workforce
Tesla Job Cuts: Electric Carmaker Lays Off Thousands Amid Rapid Growth
Profile picture of Insider (news website)
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
Profile picture of N-tv
New commercial vehicles: From aCar to Tesla Cybertruck - five pick-ups with a future
n-tv.de/auto/Von-aCar-bis-Tesla-Cybertruck-fuenf-Pick-ups-mit-Zukunft-article24862837.html
New commercial vehicles: From aCar to Tesla Cybertruck - five pick-ups ...
Profile picture of The Wall Street Journal
Tesla Delays Cybertruck Deliveries, Leaving Buyers Confused: The pause is the latest issue for the carmaker, which recently announced job cuts.
wsj.com/business/autos/tesla-cybertruck-delayed-deliveries-23d22af1
Tesla Delays Cybertruck Deliveries, Leaving Buyers Confused
Profile picture of The Drive
2024 Aston Martin DB12 Volante First Drive Review: Possibly the Best Aston, Roofless
thedrive.com/car-reviews/2024-aston-martin-db12-volante-first-drive-review
2024 Aston Martin DB12 Volante First Drive Review: Possibly the Best Aston ...
Profile picture of Der Standard
Train designer: "There are people who don't go to the toilet on the train": National and international rail projects were created under the leadership of Daniel ...
derstandard.at/story/3000000215468/zugdesigner-es-gibt-menschen-die-gehen-in-der-eisenbahn-nicht-aufs-wc
Train designer:
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Has the U8 become safer & cleaner? An interim assessment: BVG security staff have been patrolling the U8 line since mid-February.
morgenpost.de/berlin/article242084450/Ist-die-U8-sicherer-sauberer-geworden-Eine-Zwischenbilanz.html
Has the U8 become safer & cleaner? An interim assessment
Profile picture of Fast Company
Tesla’s place atop the EV market could be coming to an end: There was a time that Tesla once had a technological advantage over competitors in the EV space ...
f-st.co/WkGGC0N
Tesla’s place atop the EV market could be coming to an end
Profile picture of Electrek
Tesla puts ‘$25,000 electric car’ codenamed NV9 on back burner despite what Elon Musk said
electrek.co/2024/04/15/tesla-puts-electric-car-codenamed-nv9-back-burner-despite-elon-musk-said/
Tesla puts ‘$25,000 electric car’ codenamed NV9 on back burner despite ...
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Commentary | A weird romance: Why car nerds are head over heels for station wagons
charlotteobserver.com/news/business/article287655760.html
Commentary | A weird romance: Why car nerds are head over heels for ...
Profile picture of Electrek
Elon Musk is putting Tesla all-in on Robotaxi: Riding the AI wave, Elon Musk is betting Tesla’s business on its self-driving effort, including Robotaxi ...
electrek.co/2024/04/16/elon-musk-tesla-all-in-self-driving-robotaxi/
Elon Musk is putting Tesla all-in on Robotaxi
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Formula 1 | Ex-driver shoots against Lewis Hamilton: “Just bad”: With just ten points after four races, Lewis Hamilton had the worst start to the season of his ...
sport.de/news/ne6565874/formel-1--ex-fahrer-schiesst-gegen-lewis-hamilton-einfach-nur-schlecht/
Formula 1 | Ex-driver shoots against Lewis Hamilton: “Just bad”
Profile picture of Electrek
Honda launches next-gen EV brand in China to take on BYD, first two SUVs due out in 2024
electrek.co/2024/04/16/honda-launches-next-gen-ev-brand-china-take-on-byd/
Honda launches next-gen EV brand in China to take on BYD, first two SUVs ...
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Wilhelmshaven-born chef awarded a Michelin star: At the age of 33, he has achieved what every chef dreams of: Eike Iken, a native of Wilhelmshaven ...
nwzonline.de/wilhelmshaven/michelin-stern-eike-iken-petit-amour-hamburg-sternekueche-gastronomie-franzoesische-kueche_a_4,1,701323164.html
Wilhelmshaven-born chef awarded a Michelin star
Profile picture of Quartz
Elon Musk's 10 worst predictions and broken promises: "I feel very confident predicting autonomous robotaxis for Tesla next year," Musk said... in 2019
qz.com/elon-musks-worst-predictions-promises-1851410720
Elon Musk's 10 worst predictions and broken promises
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High speed crash death: A man was killed after the vehicle he was driving collided with a wall in Fyzabad on Sunday afternoon.
trinidadexpress.com/newsextra/high-speed-crash-death/article_4f609696-fab0-11ee-8d8f-9f2cba5629bd.html
High speed crash death