Tesla’s shares sank nearly 8 percent after the cuts were announced.

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BING NEWS:
  • Tesla announces price cut for certain models
    Elon Musk's Tesla slashed the U.S. prices of its Model Y, Model X and Model S vehicles ... as low-cost competitors like BYD forced it to reduce prices and cut into its margins.
    04/21/2024 - 2:28 am | View Link
  • Tesla announces Cybertruck recall at the worst possible time for Elon Musk
    Tesla, Elon Musk’s tech and car company, is recalling nearly 4,000 C ybertrucks after reports of a faulty accelerator pedal — and the news couldn’t have come at a worse time for Musk ...
    04/20/2024 - 7:23 am | View Link
  • Tesla Cutting 10 Percent Of Its Global Workforce
    Leading electric vehicle company Tesla is carrying out a more than 10-percent reduction in its workforce worldwide ... Gigafactory Shanghai, where the Model Y and Model 3 EVs are built for the ...
    04/17/2024 - 9:53 pm | View Link
  • Tesla will shed more than 10 percent of its workforce
    In a separate letter to employees, Musk told his staff that the layoffs would affect more than 10 percent of the company’s workforce ... and locations was being cut off immediately.
    04/15/2024 - 10:54 am | View Link
  • Tesla lays off ‘more than 10 percent’ of its workforce, loses top executives
    Tesla has also reportedly abandoned its plans to produce an affordable Model 2 that would cost around $25,000 as it shifts to instead focus on a new robotaxi. This comes as the company faces ...
    04/15/2024 - 6:44 am | View Link
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