Tesla Energy storage deployments reached a record level in Q1 2024, according to the company’s reporting. The manufacturer expects the business’ deployment and revenue growth to exceed its automotive business in 2024. On Tuesday, Tesla […]
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 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 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 […]
Tesla isn’t done with their price cuts yet. After a series of price cuts in many markets around the world over the weekend, Tesla set their sights on the Australian market with substantial price cuts […]
Tesla has laid off its entire marketing team in the US, a move that has resulted in around 40 employees losing their jobs, as the company’s layoffs continue into a second week. Historically, Tesla has […]
Tesla has dropped prices of several models in multiple international markets, including China and Europe, following price reductions in the United States. In China, Tesla cut prices by ¥14,000 (C$2,650/US$1,930) for its locally produced Model […]
