Page 10 - Tesla Inc

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

Tesla puts India entry plan on hold after deadlock on tariffs: Report

Tesla had set itself a deadline of Feb. 1, the day India unveils its budget and announces tax changes, to see if its lobbying brought a result, the sources with knowledge of the company's plan

Post his Twitter takeover, Elon Musk now flooded with job requests

Days after Tesla Chief Elon Musk took over control of Twitter, users of the social media site flooded his account with requests for jobs.Musk's USD 44 billion deal to acquire Twitter Inc. is still months away from closing, while some of his fans are soliciting future employment at the social media platform via the mercurial entrepreneur's Twitter feed."Hire me to run Twitter as VP of Product," wrote Nikita Bier, co-founder of a positivity-focused polling app that was acquired by Meta Platforms Inc., in a post tagging Musk on Twitter wrote, "I've been building social apps for 11 years -- and not in a way that leads products to decay like a typical BigTech 'product director dad.' Twitter has the potential to be the leading messenger, groups app & content creation tool."It's unclear how Musk envisions his leadership team -- especially the chief executive officer role. Meanwhile, Musk floated nonspecific proposals to cut both costs and jobs.Tesla Chief earlier in a regulatory filing

Elon Musk's 'free speech' push for Twitter: Is history repeating itself?

Elon Musk, the world's richest man, is spending USD 44 billion to acquire Twitter. There's just one problem: The social platform has been down this road before, and it didn't end well.

India says Tesla should not import cars from China for domestic sale

"Making in China and selling here is not a good proposition," the minister, Nitin Gadkari, said during a government conference

Explainer: What's next now that Twitter agreed to Elon Musk's bid?

Twitter's acceptance of Elon Musk's roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.

Tesla robots will be worth more than car business, says Elon Musk

Tesla is working on a humanoid robot and the prototype that will arrive sometime in 2023