Tesla is cutting its full-time workforce by 7% to help lower costs so it can sell the Model 3 sedan at a lower price. Shares fell 13%.

Sections:  world   
Topics:  asia   
RELATED ARTICLES
BING NEWS:
  • China’s EV industry is going global. Why that has Tesla and other carmakers worried
    The Alliance of American Manufacturing warned in a February report that allowing Chinese EVs into the country would be an "extinction-level event" for the U.S. auto industry. The group also cited the ...
    04/22/2024 - 3:57 am | View Link
  • We now know more about where Tesla is slashing jobs
    Tesla laid off 280 workers at its facility in Buffalo, New York, according to a regulatory filing in New York.
    04/18/2024 - 3:59 am | View Link
  • Tesla to slash more than 14,000 jobs
    Slowing demand for electric cars has led Elon Musk’s company to announce it will sack 10 per cent of its workforce globally.
    04/15/2024 - 4:01 am | View Link
  • Dow Jones Pares Gains As Yields Surge On Retail Sales; Goldman Pops, Tesla Slashes Jobs
    Futures rose as Iran-Israel fears ebb. Tesla will slash jobs. Goldman earnings beat. Apple iPhone demand woes grow.
    04/15/2024 - 2:37 am | View Link
  • Tesla to slash global workforce more than 10% as it faces price war: ‘Difficult decision’
    Tesla is laying off more than 10% of its global workforce — a move CEO Elon Musk called a “difficult decision” for the company as it grapples with falling sales amid an intensifying price war for ...
    04/15/2024 - 2:02 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News