Topline Tesla CEO Elon Musk’s ultimatum for employees to return to the office for at least 40 hours per week—or else—started a Twitter spat with Atlassian’s billionaire CEO Scott Farquhar, who said Te...
Tag: Teslas
Elon Musk Reportedly Wants To Lay Off 10% Of Tesla’s Workforce As He Frets About The Economy
Topline Tesla CEO Elon Musk wants to lay off around 10% of Tesla’s workforce due to his concerns about the state of the global economy, Reuters reported on Friday citing an internal email sent to comp...
How will Tesla’s stock react after the EV giant opts to cut jobs amid fears over economy?
Tesla’s (NASDAQ: TSLA) CEO Elon Musk said he has a “super bad” feeling about the economy; therefore, staff needed to be cut by 10%. An internal email that was seen by Reuters has shed light on this. ...
Tesla’s remote-work policy reveals Elon Musk’s big blind spot — Quartz
Elon Musk is calling Tesla executives back to the office—and using factory workers’ demanding schedules to justify his orders. The Tesla CEO sent out an email on May 31 entitled “Remote work is no lon...
Musk Says SpaceX will Follow Tesla’s Lead in Adding DOGE Payments
Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE). He tweeted: “Tesla merch ...
Hyundai Is Tesla’s Latest Challenger With Plan For $5.5 Billion U.S. EV, Battery Plant
Georgia Governor Brian Kemp, left, and Hyundai CEO Jay Chang at a signing ceremony for the automaker’s new electric vehicle and battery plant in Bryan County, Georgia. Office of Georgia Governor...
Tesla’s Bitcoin Holdings in the Red as BTC Falls to Around $28,000 – crypto.news
The ongoing bitcoin bloodbath has wiped off all Tesla’s gains on its BTC investment, although CEO Elon Musk has not said if the company would sell off its stash or hold through the bear market. Bitco...
Tesla’s China Sales Take A Pounding As Covid Lockdown Drags On
A driver in PPE moves a new Tesla passenger car from Shanghai off a cargo ship in the port in Yantai in China’s Shandong province on April 25, 2022. Future Publishing via Getty Images Tesla’s El...
Bill Gates Doubts Elon Musk Can Achieve Tesla’s Kind of Success with Twitter
Gates said he is impressed with the stellar performance of Musk in putting up a very good team of engineers at Tesla and SpaceX, but he doubts he can do the same with Twitter. Billionaire tech pioneer...
Nio starts trial production of smart EV that could challenge Tesla’s Model 3 as it races to gain edge over rivals in China
Chinese electric car maker Nio has kicked off operations at its second factory as it races to get ahead of rivals that are struggling with a worsening supply chain bottleneck. The Shanghai-based carma...
Tesla’s SEC Filing Reveal the Firm Believes in Long-term Potential of Crypto Assets
2 hours ago | 2 mins read Editors News The firm made its grand debut in the cryptocurrency world using bitcoin. Tesla had claimed it acquired $1.5 billion in bitcoin. Tesla has said that it believes i...
Nio Stock, Tesla’s China Rivals To Report EV Sales After Covid Lockdowns
Nio stock is due to report April EV deliveries on Sunday after Nio (NIO) briefly halted production due to Covid lockdowns in China. X Xpeng (XPEV) and Li Auto (LI) also report China EV sales on Sunday...
Tesla’s balance sheet revealed a Hold of $1.26B in Digital Assets
Tesla, Elon Musk’s electric car company, is a bitcoin collector. Digital assets are valued at $1.261 billion on the company’s balance sheet. Tesla hasn’t sold any Bitcoin Since the f...
Everything is ready for Tesla’s Robotaxi- The Cryptonomist
Tesla’s Robotaxi takes shape and Elon Musk reveals 44 more details on the sidelines of the opening of the gigafactory in Berlin. Elon Musk’s word, Tesla’s Robotaxi is ready Tesla’s new Robotaxi annou...
Tesla’s strong Q1 earnings put EV stocks in the spotlight; What’s next for TSLA?
Electronic vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) rose roughly 10% on Thursday, April 21, reaching $1,061.90. As supply chain issues are hammering auto manufacturers and other industries, Tesl...
Tesla’s Bitcoin Holdings Remain At $1.26 billion For Second Quarter.
Tesla disclosed its quarterly earnings report on Wednesday. Interestingly, its Bitcoin Holdings was found to be at $1.26 billion for the second straight quarter. In the first quarter and last ye...
Tesla’s Earnings Crushed Expectations, Setting More Records. The Stock Is Up.
Tesla’s first-quarter profit was far higher than expected. Above, CEO Elon Musk speaks at the opening party for Tesla’s new factory in Texas. SUZANNE CORDEIRO / AFP / Getty Images Text siz...
Tesla’s Texas Charger Grant Applications Fail; It’s Bad For Texas But Reveals Tesla’s Super-Low Costs
The VW Dieselgate scandal has paid for the Texas EV charging grants and also for Electrify America AFP via Getty Images A Texas program which gives grants to install fast EV chargers, as long as they ...
Tesla’s Elon Musk Offers to Buy Twitter for $41 Billion, Says He Wants to Make It a Private Company – Bitcoin News
Tesla billionaire Elon Musk has offered to purchase Twitter for $41.4 billion, according to a Securities and Exchange Commission (SEC) filing published on Thursday. Musk also explained in his note tha...
Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance – Bitcoin News
On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, ...
Elon Musk pumps DOGE during Tesla’s gigafactory launch
Elon Musk is once again showing his support for Dogecoin (DOGE/USD), and the meme coin registered a slight gain because of this. However, the meme coin has since retreated to previous lows because of ...
Elon Musk Opens Tesla’s ‘Giga Texas’ That He Says Is The Biggest U.S. Plant
Elon Musk celebrates the opening of Tesla’s Giga Texas plant in Austin. Tesla via YouTube Elon Musk marked the official start of production at Tesla’s new Giga Texas plant in Austin, saying it’s...
Tesla’s Water Worries Don’t End In Berlin; Giga Texas In Booming Austin May Also See Drier Times
Tesla is throwing a party on April 7 to mark the official opening of Giga Texas, its plant near Austin. Tesla Tesla’s first European auto plant opened in eastern Germany after delayed approval from lo...
What Tesla’s Berlin Gigafactory means for its future in China
Tesla chief executive Elon Musk cut the ribbon at his company’s first European manufacturing facility on March 22, inaugurating the electric vehicle maker’s fourth Gigafactory. The official opening in...
Tesla’s Token Rises Despite Shanghai Factory Shutdown
Regardless of Tesla’s Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg report...
Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today – Bitcoin News
On March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. At the time of writing, LFG’s wallet now holds 30,...
Tesla’s new Gigafactory is its biggest strategic endeavor in a decade: analyst
Tesla’s (TSLA) Berlin Gigafactory is now live, and it will be super important to the EV giant’s future, analysts say. On Tuesday, the factory received CEO Elon Musk, who presented customer...
Tesla’s Elon Musk Is Working On Master Plan 3. The Stock Is Jumping.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...