Tag Archives: Tesla

Tesla Is Reportedly Rehiring Laid Off Supercharger Employees

Weeks after the bombshell news that Elon Musk fired the entire Tesla supercharger overnight, some executives and team members are reportedly being asked to return to the company. Musk reportedly has brought back the director of charging for North America Max de Zegher, one of the 500 employees let go, according to Bloomberg, which cited […]

Tesla Laid Off Its 500-Particular person Supercharger Staff In a single day

Elon Musk’s decision to lay off the majority of Tesla’s 500-person electric vehicle (EV) charging team, except for a few reassigned employees, has “blindsided” other carmakers who were depending on Tesla’s infrastructure for their new EVs, industry officials and analysts told Reuters on Tuesday. General Motors, Ford, and other automakers who signed deals to power […]

Elon Musk: Cheaper Tesla Electrical Vehicles Are Forward of Schedule

Tesla shared its first-quarter financial results with its stockholders on Tuesday and said that it has sped up the launch of new, more affordable electric cars. Tesla reported its biggest revenue decline in 12 years, with a 9% drop from earnings last year. The company made $21.3 billion in Q1 2024, down from $23.3 billion […]

Tesla Staff Confirmed As much as Work, Did not Know Were Laid Off

This article originally appeared on Business Insider. Tesla told staff it was laying off more than 10% of its workforce on Sunday night, but some workers didn’t realize they were laid off until they showed up at the company’s facilities, five current or former workers told Business Insider. The cuts impacted engineers and production associates […]

Elon Musk Leaked E mail Confirms Tesla Layoffs As Execs Exit

Less than two weeks after Tesla announced its first year-over-year delivery drop since 2020, CEO Elon Musk sent an internal email to staff stating that the company would cut at least 10% of its global workforce. Musk’s memo, sent at close to midnight PST on Sunday in California, explained that “there has been duplication of […]

Tesla trims workforce by 14,000

Electric automotive giant Tesla is cutting 14,000 jobs as sales have been slowing. Billionaire Elon Musk’s eco-friendly electric car company announced the redundancies, as reported by Elektrek. Musk cuts staff via memo Elon Musk reportedly contacted staff and the memo made it’s way to the mainstream media. Elektrek published the memo Musk compiled that earmarked […]

Billionaire Investor Ron Baron Remains Bullish On Tesla But Calls Musk’s Twitter Stake ‘Meaningless’

Billionaire Investor Ron Baron Remains Bullish On Tesla But Calls Musk’s Twitter Stake ‘Meaningless’ The topline Billionaire investor Ron Baron, one of Tesla’s largest shareholders, told CNBC in an interview Thursday that Elon Musk’s roughly $3 billion stake in Twitter is “meaningless” and that investors should be more excited about what he predicts are massive […]