Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk.
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Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk.
Tesla said on Friday that it's cutting the subscription price of its premium driver assistance system for customers in the U.S.
Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said in a social media post on X.
Tesla shares fell on Tuesday after the company reported a drop in vehicle deliveries in the first quarter, the first annual decline since 2020, when the global pandemic disrupted production.
A federal judge in California dismissed a lawsuit filed by Elon Musk's X against the nonprofit Center for Countering Digital Hate, writing in a judgement Monday that the "case is about punishing the Defendants for their speech."
In November 2023, at an all-hands meeting with employees, Nvidia CEO Jensen Huang was asked whether the company would follow the lead of Apple and Disney and suspend its advertising on X due to rising levels of antisemitism and other hate speech on the platform.
Electric vehicle maker Tesla has settled a racist discrimination lawsuit in which a federal jury previously awarded $3.2 million in damages to Owen Diaz, a Black man who worked as an elevator operator at its Fremont, California factory in 2015.
House Democrats Robert Garcia, D-Calif. and Jamie Raskin, D-Md, sent a letter to SpaceX demanding transparency from the defense contractor following reports of potentially illegal purchases and use of Starlink satellite internet equipment by Russia in occupied territories of Ukraine.