Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musks demand to slash more than 10% of the global workforce.
April 23, 2024Tesla News Updates
Tesla to Cut More Than 6,000 Jobs in Texas, California
Tesla Cuts the Price of Its Full Self Driving System
NEW YORK Tesla knocked roughly a third off the price of its Full Self Driving system which cant drive itself to $8,000 from $12,000, according to the company website.
April 22, 2024Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals
Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.
April 19, 2024Tesla Wants Shareholders to Reinstate $55B Package for Musk
AUSTIN, Texas Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.
April 17, 2024Tesla to Cut Over 10% of Workforce in Global Retrenchment
Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.
April 15, 2024Tesla Settles Suit Over Death in Crash Involving Autopilot
SANTA CLARA, Calif. Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the companys semi-autonomous driving software.
April 9, 2024Tesla Shares Jump as Investors Buy Into Musks Robotaxi Hype
When Elon Musk announced late April 5 that hell unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.
April 8, 2024Musk Says Tesla Will Unveil Robotaxi in August
Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from low-cost Chinese EVs.
April 5, 2024Tesla Sales Fall Way Short of Estimates
Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.
April 2, 2024Tesla Rethinks the Assembly Line
Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.
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