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: Tesla
Elon Musk Delays India Visit Due to Tesla Commitments; Still Aims to Visit This Year
The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.
Tesla To Recall 2024 Cybertrucks Over Accelerator Issues; Free Repairs for Faulty Pedals Offered
Tesla is recalling over 3,000 2024 Cybertrucks produced between Nov 13, 2023 - Apr 4, 2024 due to a potentially faulty pedal mechanism that may cause unintended acceleration, with Tesla committing to free repairs or replacements of affected parts.
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.
Latest News
Elon Musk dropped Tesla FSD's price to $99 per month after the EV maker offered free one-month trial.
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.
Tesla is no. 1 in a new brand loyalty survey and almost 90% of its customers in the US say they'll buy another Tesla.
Tesla has resolved a lawsuit over a 2018 car accident that killed an Apple engineer after steering off a roadway near San Francisco.
The combination of issues surrounding the Cybertruck and Musk's behavior has led to growing frustration among investors and enthusiasts alike.
Tesla CEO Elon Musk has announced that the company will unveil its highly anticipated robotaxi product in August.
Tesla has reportedly ended its plans for a low-cost vehicle, a move attributed to the formidable competition posed by Chinese EV manufacturers.
Tesla and Apple may be heading to court together over a fatal 2018 crash linked to its Autopilot system, involving the death of an Apple engineer allegedly playing a video game on his phone.
