Tesla continues to shed employees as the company plans to layoff 2,700 employees from Giga Texas alone, according to a Worker Adjustment and Retraining Notice (WARN) submitted to the authorities. Information contained in the notice […]
Martin Viecha, Head of Investor Relations, announced yesterday on X that he is leaving Tesla after seven years. According to Viecha’s announcement, he spoke with Elon Musk and Vaibhav Taneja, Tesla’s Chief Financial Officer (CFO), […]
Tesla is in active discussions with a major automaker to license Full Self-Driving (FSD). While a deal may eventually be signed, it will still be years before we see FSD in a car other than […]
Tesla is still not done with cutting prices for its vehicles. While most markets around the world have seen price reductions over the last week, Canadian prices had been left untouched, but that changed today […]
Tesla has given us a preview of the ride-hailing functionality that will be integrated into the Tesla mobile app ahead of the launch of the robotaxi network. In the company’s Q1 2024 earnings call, Tesla […]
Tesla says it will begin production of new vehicle models earlier than previously communicated, and that these launches will include more affordable cars. This is due to a change in vehicle architecture, with the company […]
Tesla has published their first-quarter earnings for 2024, revealing a mix of strategic advancements but also financial challenges. Financially, Tesla reported a decrease in total revenue to $21.3 billion, marking a 9% drop year-over-year (YoY). […]
Tesla is set to cut only about 3% of its permanent employees at Giga Berlin in a planned wave of layoffs. The manufacturer launched a volunteer program to ensure that layoffs affected those employees who […]
After a longer than expected wait, Tesla has finally launched the Model 3 Performance. While we already knew almost everything about the Performance, Tesla has officially published the specs and pricing. While customers can now […]
Rivian has introduced a new incentive called the “Electric Upgrade Offer,” providing substantial discounts on the purchase or lease of a new Rivian R1 model when trading in certain internal combustion engine (ICE) cars. The […]
