Tag Archives: Tesla

Zeekr IPO: Stock price for China-based Tesla rival will be closely watched in NYSE debut today

May 10, 2024 Zeekr IPO: Stock price for China-based Tesla rival will be closely watched in NYSE debut today The initial public offering comes as Elon Musk’s EV company is facing increased competition from China automakers such as BYD. Here’s what to know. BY Michael Grothaus Today another electrical vehicle maker is going public in the … Continue reading Zeekr IPO: Stock price for China-based Tesla rival will be closely watched in NYSE debut today

More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade

April 18, 2024 More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade The EV maker saw its shares flirt with 52-week lows on Thursday as its troubles continued to mount. BY Ellie Stevens In an email obtained by CNBC Wednesday, Tesla CEO Elon Musk informed staffers that the severance packages sent to some … Continue reading More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade

After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package

  April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package

Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce

  April 15, 2024 Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce The reported job cuts come at a precarious time for the company, whose shares are down more than 31% this year. BY Michael Grothaus Elon Musk has reportedly announced a round of mass layoffs at Tesla, according … Continue reading Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce

Tesla recalls 2 million cars in order to fix Autopilot safety controls

Tesla recalls over 2 million cars to fix Autopilot safety controls An over-the-air update will address safety concerns over potential ‘driver misuse’ of Autopilot. Steve Dent   Wed, Dec 13, 2023 Tesla Following a two-year investigation by the National Highway Traffic Safety Administration (NHTSA), Tesla will recall over 2 million vehicles to address Autopilot safety … Continue reading Tesla recalls 2 million cars in order to fix Autopilot safety controls

Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says

Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says   Mariella Moon   @mariella_moon When Tesla held its opening party for the company’s Giga Texas factory last year, Elon Musk said that it will finally start selling the Cybertruck in 2023. Now, we can narrow down the timing for its launch … Continue reading Tesla has scheduled a Cybertruck delivery event for the third quarter, Musk says

Tesla sets new company record after delivering more than 422,000 EVs in Q1 2023

Tesla delivered over 405,000 vehicles in Q4 2022, setting a new company record   Igor Bonifacic @igorbonifacic Tesla delivered 405,278 electric vehicles over the final three months of 2022, the automaker announced on Monday. That number represents a new record for the company, but it also fell short of Wall Street estimates. As recently as … Continue reading Tesla sets new company record after delivering more than 422,000 EVs in Q1 2023

Tesla stock sinks after Elon Musk’s ‘Master Plan 3’ fails to impress at Investor Day

  By Michael Grothaus March 02, 2023 Tesla’s Investor Day seems to have been a big bust—at least if we’re judging by reactions from actual investors.   The event, which lasted over three hours and took place (March 21, 2023) at the company’s Gigafactory in Austin, Texas, was heavy on highlighting the company’s past achievements … Continue reading Tesla stock sinks after Elon Musk’s ‘Master Plan 3’ fails to impress at Investor Day

Tesla workers in New York want to unionize: ‘People are tired of being treated like robots’

  By Michael Grothaus February 14, 2023 Elon Musk’s Valentine’s Day gift this year from Tesla workers in New York is a unionization effort. The effort is led by Autopilot analysts at the company’s Buffalo plant. The analysts make up about 800 employees who work in non-engineering roles and label data from the company’s Autopilot … Continue reading Tesla workers in New York want to unionize: ‘People are tired of being treated like robots’