Page 10 - Tesla Inc

Tesla surpasses 3 million car production mark, announces Elon Musk

Elon Musk has announced that his electric car company Tesla surpassed the milestone of producing 3 million vehicles

The global economy is 'past peak inflation', says Tesla CEO Elon Musk

"The trend is down, which suggests we are past peak inflation," Musk said at Tesla's Austin headquarters and factory

Tesla investors approve a three-for-one stock split as shares rebound

Preliminary results of the shareholder vote were announced on Thursday at the electric car and solar panel maker's annual meeting at its new factory in Austin, Texas

Nothing Romantic: Elon Musk denies report of affair with Sergey Brin's wife

Elon Musk denied he had an affair with Sergey Brin's wife, after the Wall Street Journal reported that the liaison led the Google co-founder to sell his investments in Musk's companies

Elon Musk's go private tweet suit heads to a settlement conference

The meeting, to take place in October, comes as investors suing Tesla and Musk have made steady progress in the case which is set to go to trial in January

Tesla rally a $1-billion headache for its army of shorts: Report

Shares of the company wrapped up a seven-day winning streak to close at $815.12, the highest level since May 6

Tesla could start Cybertruck deliveries in mid-2023, says Elon Musk

After getting delayed several times, CEO Elon Musk has now said that its electric vehicle company Tesla could start deliveries of its upcoming Cybertruck in mid-2023.

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump

The carmaker had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet, according to its shareholder letter

Tesla's Autopilot AI director Andrej Karpathy quits amid widespread layoffs

In a tweet, Karpathy said he has no concrete plans for what's next but looks to spend more time revisiting his long-term passions around technical work in AI, open source and education

Tesla fires 229 employees from Autopilot team, shuts San Mateo office

Elon Musk-run Tesla has laid off 229 annotation employees from its Autopilot team and closed its San Mateo office in the US

Twitter lawyers say they can prevail over Elon Musk in just four days

The Twitter buyout agreement specifies all legal disputes over the deal must be heard in Delaware, corporate home to more than half of US public companies, including Twitter and Musk's Tesla Inc

Tesla employees laid off last month seek emergency protection from US court

The plaintiffs alleged that the company did not provide the 60 days of advance notice required by federal law during layoffs

Tesla pauses plants after ending shaky quarter with a production milestone

The Shanghai shutdown and struggles ramping up new plants contributed to Tesla shares plunging 38% in the three months that ended in June, a record quarterly drop

Elon Musk says new Tesla plants are 'money furnaces' losing billions

"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday

Tesla will cut salaried workforce by 10% over 3 months: Elon Musk

This would result in reducing Tesla's total headcount by roughly 3.5 per cent

Tesla's German hiring hitting roadblocks over inadequate wages, says union

Skilled workers are getting around 20% less at the plant than at rival manufacturers with IG Metall wage agreements, the group added, citing its own analysis.

Tesla leads automakers in self-driving vehicle crashes: US regulator

Of the 392 such crashes reported by a dozen automakers since July, six deaths were reported and five serious injuries

Tesla India policy exec quits after company puts entry plan on hold: Report

Manuj Khurana, policy and business development executive at Tesla in India, was hired in March 2021 and played a key role in forming a domestic market-entry plan for the US carmaker in the country

Elon Musk encourages Tesla staff while warning of 'tough quarter'

Musk often sends companywide emails near a quarter's end to push staff to sprint to the finish, and Tesla is known to deliver many units in the the final weeks

Musk retracts statement over job cuts, says headcount will increase

Earlier this week, Musk gave an ultimatum to Tesla employees to either return to office or get out, saying they "should pretend to work somewhere else" if they disagree with the company's policy