Elon Musk's announcement of layoffs exceeding 10% of Tesla's workforce led to a 1.20% decline in the company's stock during premarket trading, with investors expressing concerns over the decision's impact on the company's stability and future.
Tags: Elon Musk
Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
Tesla has allocated approximately $200,000 towards advertising on Elon Musk's social media platform, X.
Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
Tesla's Market Value Dips From $1 Trillion to Below $500 Billion After Elon Musk's Global Layoffs Memo
Tesla Inc.'s market value plummets below $500 billion from $1 trillion as shares continue to decline in 2024. This decline was further worsened by job cuts announced by Elon Musk.
Elon Musk Proposes to Charge New X Users to Post, Interact With Others, in Attempt to Combat Fake Accounts
Elon Musk is once again making changes to the guidelines for his social media platform X. X (formerly Twitter) CEO Elon Musk attends a symposium on "Antisemitism Online" during the European Jewish Association conference in Krakow, on January 22, 2024.
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Elon Musk dropped Tesla FSD's price to $99 per month after the EV maker offered free one-month trial.
Argentine President Javier Milei and Tesla CEO Elon Musk recently met to discuss the significance of free markets, advancements in technology, and population growth.
Analysts explained that Elon Musk does not need the Tesla robotaxi. What does the billionaire need to solve his EV problems?
Elon Musk has confirmed that he will visit India to meet Indian Prime Minister Narendra Modi. Elon Musk has confirmed that he will visit India to meet Indian Prime Minister Narendra Modi.
After replacing Twitter.com with X.com, Elon Musk's X was accused by users of inadvertently opening avenues for phishing scams. This led vigilant users to preemptively purchase similar domains to prevent malicious activities.
The Pentagon has just disclosed that the contract to install Elon Musk's Starlink terminals in Ukraine is valued at $23 million.
During the defamation lawsuit against him, Elon Musk admitted using alternative accounts and confirmed pretending to be his toddler.
Joe Rogan voiced his support for Elon Musk's recent acquisition of Twitter, now X, which amounted to a staggering $44 billion.
Elon Musk predicts that superhuman artificial intelligence will be developed by next year but warns people of the associated risks, as seen through his AI startup xAI.
