Tesla announced global workforce reductions of 'more than 10%' in an internal email Monday to staff from CEO Elon Musk, according to electric-vehicles.com, a specialist outlet, in a report later covered by Reuters.Newsweek has not seen the original email and was unable to verify its content. Tesla did not respond to a request for comment.The ContextThe reported layoffs come amid a tough start to the year for Elon Musk and his electric-vehicle company.
At the start of this year, Musk's social-media platform X, formerly known as Twitter, was valued at $12.5 billion. He paid $44 billion for it in 2022.What We KnowReports surfaced over the weekend that Tesla workers at factories in California and Texas were worried about upcoming layoffs that could be announced as soon as Sunday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk Allegedly Mandates FSD Installation And Demo At New Tesla DeliveriesNorth American customers can expect FSD 12.3.1 already installed on their cars and to see it in action before delivery is completed
Source: Carscoop - 🏆 306. / 63 Read more »
Elon Musk requires ‘FSD' demo for every prospective Tesla buyer in North AmericaTesla CEO Elon Musk sent an email to employees on Monday informing them they have to show customers how to use “FSD” before making delivery in North…
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
Elon Musk Addresses Panel Gap Concerns on Tesla CybertruckElon Musk responds to concerns about panel gaps on the Tesla Cybertruck after a tech YouTuber points out an alignment issue on his door.
Source: therealautoblog - 🏆 528. / 51 Read more »
Elon Musk’s Tesla Shows Cracks in Its EV Business ModelSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
How Elon Musk’s Buddy Rode Tesla Shares To Become A BillionaireI'm a reporter at Forbes writing about the world's richest people with a focus on the tech sector. Send any tips to my email (pliuforbes.com) or Signal (678-834-4200), and find me on Twitter _pheebini. Before joining Forbes, I studied statistics and data science, education studies and journalism at Yale.
Source: Forbes - 🏆 394. / 53 Read more »
Elizabeth Warren urges SEC to investigate Tesla and Elon MuskSen. Elizabeth Warren, D-Mass., has once again asked the U.S. Securities and Exchange Commission to investigate Tesla, its CEO Elon Musk and the company's board of directors over governance issues.
Source: nbcchicago - 🏆 545. / 51 Read more »