Elon Musk needs to explain the latest layoffs at next week's earnings to soothe investors amid a 'horror show' for Tesla, Wedbush's Dan Ives says

Tesla's layoffs are adding to the "horror show" investors have been dealing with in recent months, Wedbush's Dan Ives said. Read More

Tesla stock sinks again as Elon Musk says the EV maker will lay off 10% of its workforce

Tesla is cutting “more than 10%” of its global workforce following an abysmal first fiscal quarter that saw the electric vehicle maker fall far short of Wall Street’s sales expectations, according to ... Read More

Elon Musk’s Tesla Bait-and-Switch Is Getting Old

The EV company keeps pushing its “next phase of growth” message, but it’s getting harder to look past a slump in vehicle sales and its unexciting lineup. Read More

Elon Musk to cut 14,000 Tesla jobs amid electric car slowdown

Tesla is cutting more than 14,000 jobs in the biggest layoffs in its history, as Elon Musk’s car company reckons with slowing demand for electric cars and aggressive competition from cut-price Chinese ... Read More

Elon Musk Cut 10 Percent of Jobs at Tesla. Read His Memo to Employees

Elon Musk announced job cuts at Tesla (TSLA) today (Apr. 15), affecting over 10 percent of the electric vehicle maker’s staff (around 14,000 employees). The company reported over 140,000 employees in ... Read More

Tesla shares down after report on company scrapping plans to build a low-cost EV

The automaker reported an 8% year-over-year drop in deliveries on Tuesday, just after its chief Chinese competitor, BYD, reported a 13% gain. Tesla shares dropped 5% on the news, deepening a slide of ... Read More

Tesla's Dipping Stocks Trigger Elon Musk to Give in to Advertising, Spending Surges by $6.4 Million in 2023

As of Thursday's closing, the stock price was $175.79. Amid the mounting pressure, CEO Elon Musk ... electric offerings, putting pressure on Tesla's sales figures. According to reports, the ... Read More

Would-be Tesla buyers snub company as Elon Musk's reputation dips

Tesla shares are down nearly 30% year to date. Musk's outsized personality benefited Tesla as he promoted tackling climate change by reimagining cars as stylish, electric computers on wheels that ... Read More

Is Elon Musk’s Behavior Pushing Tesla Customers Away?

Tesla’s public image is closely associated with its firebrand CEO, Elon Musk Several ... of the company’s divisive CEO appear to be pushing away customers interested in electric vehicles ... Read More

Electric Vehicles & Cars News - Page 1

it's been discovered that an F1 team has been using Microsoft Excel for the Williams car ... Tesla Cybertruck and company CEO Elon Musk is already teasing the Roadster, a highly anticipated ... Read More