Tesla has laid off employees from its software, services, and engineering departments.
Earlier, Reuters reported that Tesla has begun a workforce reduction exceeding 10%. As of December 2023, Tesla's total workforce was approximately 140,000, meaning that about 14,000 individuals may be affected.
Citing three people familiar with the matter and related information, Reuters reported that Tesla will cancel plans for an affordable electric car due to fierce competition. As soon as the
Tesla will announce delivery figures for the first quarter of 2024 today at the earliest.
Only 800 units of this CyberHammer are available in the beginning.
Tesla has adjusted employee working hours at its Shanghai factory from 6 and a half days a week to 5 days a week.
Tesla traded as low as $166.30 and last traded at $170.83.
According to CFRA vice president Garrett Nelson, Tesla's recent stock plunge is simply a correction that was long overdue. Nelson believes that the stock price will eventually rebound to $275,
Tesla has garnered a significant following among consumers, but it has also faced opposition from various quarters. The majority of its opponents voice concerns about vehicle quality, systems, and other
This is the lowest price for the Model Y in Canada to date.