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Tesla cuts 7% of workforce; There's a 'very difficult' road ahead

CEO of Tesla, Elon Musk announced that the company will be cutting 7% of its full-time workforce to help sell its new Model 3 at a lower price.
USATODAY.com - Published

Tesla is laying off 7 percent of its full-time employees

Tesla CEO Elon Musk has announced that the company is laying off 7 percent of its full-time employees in an effort to cut costs and increase profits. He revealed that while Tesla will run a second..
engadget - Published

Videos for "Musk Company"

Tesla Announces Layoffs [Video]Tesla Announces Layoffs  00:47

Tesla has announced that it would lay off 7% of its workforce— about 3,000 workers — to turn its plan to create a $35,000 Model 3 into a reality in "all markets," CEO Elon Musk said in a company..

Wochit - Published

Tesla Cuts 7% of Workforce, Saying There's a 'Very Difficult' Road Ahead [Video]Tesla Cuts 7% of Workforce, Saying There's a 'Very Difficult' Road Ahead  00:53

CEO of Tesla, Elon Musk announced that the company will be cutting 7% of its full-time workforce to help sell its new Model 3 at a lower price.

Veuer - Published

Tesla Pumped Out Over 61,000 Model 3s At End Of 2018 [Video]Tesla Pumped Out Over 61,000 Model 3s At End Of 2018  00:39

According to Reuters, Tesla Inc announced details about their production progress on Wednesday, January 2. Tesla says that they produced 61,394 Model 3s in the fourth quarter of 2018. They also..

Wochit - Published

Tesla Shares Short-Circuit After Dropping Price Of Chinese Model [Video]Tesla Shares Short-Circuit After Dropping Price Of Chinese Model  00:39

Business Insider reports Tesla is lowering the price of certain Model 3 sedans in China by up to 7.6%. The electric car company made the announcement Sunday. The starting price for a Model 3 in China..

Wochit - Published

Elon Musk Will Make Up For Tax Credits For His Customers [Video]Elon Musk Will Make Up For Tax Credits For His Customers  00:32

Tesla CEO Elon Musk said his company will reimburse customers for missing out on significant tax credit. According to Reuters, Musk is offering this reimbursement because of delays in car deliveries...

Wochit - Published

Tesla's Production Hell Raises Questions About Workplace Conditions [Video]Tesla's Production Hell Raises Questions About Workplace Conditions  02:01

In a conversation with Cheddar, Pulitzer-winning journalist Charles Duhigg discussed his months of reporting on Tesla and Elon Musk as the Model 3 production ramped up.

Cheddar Inc. - Published

Elon Musk Beats World Record [Video]Elon Musk Beats World Record  00:46

SpaceX CEO Elon Musk announced in May that the company would launch more orbital missions in 2018 than any nation on Earth. Musk's rocket company failed to achieve that goal, as China successfully..

Wochit - Published

2012: SpaceX: Elon Musk's race to space [Video]2012: SpaceX: Elon Musk's race to space  14:35

From PayPal to electric cars to rockets, billionaire entrepreneur Elon Musk wants his company, SpaceX, to build America's next manned spacecraft

CBS News - Published

Watch a SpaceX rocket booster get towed from the ocean after a watery failed landing [Video]Watch a SpaceX rocket booster get towed from the ocean after a watery failed landing  00:36

On Wednesday, SpaceX launched a resupply mission to the International Space Station. But a malfunction caused its booster to splash down in the Atlantic Ocean. On Friday, teams towed the 156-foot-tall..

NYDN tronc - Published

Elon Musk Says Boring Company's Tunnel To Be Shown With Extra Features [Video]Elon Musk Says Boring Company's Tunnel To Be Shown With Extra Features  00:32

The Boring Company is building a test tunnel near Los Angeles and its opening is running behind schedule. Yet CEO Elon Musk said the tunnel would also include a few extra features. He said there would..

Wochit - Published

SpaceX Launches A Record 64 Satellites Into Orbit [Video]SpaceX Launches A Record 64 Satellites Into Orbit  00:57

Elon Musk's company sent the most satellites into orbit at one time in U.S. history.

Rumble - Published

SpaceX Launches a Record 64 Satellites Into Orbit [Video]SpaceX Launches a Record 64 Satellites Into Orbit  00:57

Elon Musk's company sent the most satellites into orbit at one time in U.S. history.

Newsy Studio - Published

VW at the 2018 LA Auto Show - Scott Keogh, Volkswagen of America, President and CEO [Video]VW at the 2018 LA Auto Show - Scott Keogh, Volkswagen of America, President and CEO  01:40

Volkswagen will introduce an electric car in the U.S. in 2020, the brand's new U.S. CEO told reporters Wednesday at the Los Angeles Auto Show. The electric car will be priced in the range of $30,000..

AutoMotions - Published

Volkswagen at the 2018 LA Auto Show Post Reveal [Video]Volkswagen at the 2018 LA Auto Show Post Reveal  02:23

Volkswagen will introduce an electric car in the U.S. in 2020, the brand's new U.S. CEO told reporters Wednesday at the Los Angeles Auto Show. The electric car will be priced in the range of $30,000..

AutoMotions - Published

Volkswagen at the 2018 LA Auto Show Press Conference Highlights [Video]Volkswagen at the 2018 LA Auto Show Press Conference Highlights  03:53

Volkswagen will introduce an electric car in the U.S. in 2020, the brand's new U.S. CEO told reporters Wednesday at the Los Angeles Auto Show. The electric car will be priced in the range of $30,000..

AutoMotions - Published

Volkswagen at the 2018 LA Auto Show Press Conference [Video]Volkswagen at the 2018 LA Auto Show Press Conference  11:45

Volkswagen will introduce an electric car in the U.S. in 2020, the brand's new U.S. CEO told reporters Wednesday at the Los Angeles Auto Show. The electric car will be priced in the range of $30,000..

AutoMotions - Published

Musk’s Boring Company Suffers Setback [Video]Musk’s Boring Company Suffers Setback  00:43

Elon Musk has a dream of ending gridlock on city streets by way of a subterranean transit system that uses electric “sleds” to move vehicles and people around at speeds of up to 150 mph. But it..

Wochit Tech - Published

Musk Reveals That Tesla Nearly Died In 2018 [Video]Musk Reveals That Tesla Nearly Died In 2018  00:32

Tesla CEO Elon Musk said the company was close to death earlier this year as it worked through a production ramp for the Model 3. CNBC reports that Musk made the revelation during an interview In with..

Wochit - Published

Faster Tesla Charging Stations Coming In 2019 [Video]Faster Tesla Charging Stations Coming In 2019  00:50

Good news for Tesla owners who are planning to rack up miles in 2019. Digital Trends reports that Elon Musk's company is upgrading their Superchargers in early 2019. Superchargers are charging stations..

Wochit Business - Published

 

Tesla will stop selling Model S and X cars with 75kWh batteries

Tesla isn't done streamlining its electric car lineup. Elon Musk has announced that his company will stop taking orders for the 75kWh versions of the Model S and Model X after January 13th. He didn't..
engadget - Published

Tesla breaks ground on Shanghai factory which will product Model 3 EVs for China

Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in China to break..
TechCrunch - Published

SpaceX raising $500 million for Starlink satellite internet service

SpaceX is in the midst of another fundraising round that will bring in another half-billion dollars. The new financing will value the Hawthorne, California-based aerospace company at $30.5 billion. The..
bizjournals - Published

SpaceX slashes first loan to $250 million

SpaceX has another quarter of a billion dollars to work with as the Hawthorne, Calif.-based aerospace company pursues its ambitions beyond Earth’s orbit. Elon Musk’s company has secured a $250..
bizjournals - Published

The Boring Company goes brick-and-mortar with The Brick Store

Elon Musk has shot out some crazy, unbelievable tweets over the last year, but he wasn’t joking about the bricks. Musk has started a company called The Brick Store LLC to produce and sell bricks,..
TechCrunch - Published

Tesla has named Elon Musk's replacement as chair of its board — here's the full list of the company's directors (TSLA)

tesla has named elon musk's replacement as chair of its board — here's the full list of the company's directors (tsla)
· Robyn Denholm has been appointed chair of Tesla's board, replacing CEO Elon Musk, the company said late Wednesday · The change was required as part of Tesla's $20 million settlement with the..
Business Insider - Published

Elon Musk: Tesla pickup will sport 'futuristic-like cyberpunk,' 'Blade Runner' design

During an interview on the podcast Recode Decode, Tesla CEO Elon Musk said the company is working on a futuristic "Blade Runner" pickup truck.
azcentral.com - Published Also reported by •DelawareonlineUSATODAY.com

Baird reiterates Outperform rating on Tesla despite WSJ report on FBI probing Model 3 productions numbers

Baird reiterated its Outperform rating on Tesla Inc (NASDAQ:TSLA) Monday despite a report by the Wall Street Journal saying the US Federal Bureau of Investigations was reviewing the company's Model 3..
Proactive Investors - Published

Musk: Model Y prototype approved to go into production

On Tesla's earnings call after announcing its first quarterly profit, CEO Elon Musk chatted about the company's upcoming products. While claiming it has "the most exciting product roadmap of any..
engadget - Published

Here come Tesla's earnings (TSLA)

here come tesla's earnings (tsla)
· Tesla will report third-quarter earnings Wednesday afternoon. · Musk has previously said the company could be cash flow positive this quarter. · All eyes will be on the Model 3's average selling..
Business Insider - Published

Tesla drops Model S and X interior options to simplify production

Tesla isn't just pulling exterior color options to keep its assembly lines humming. Elon Musk has announced that his company is removing "many" Model S and Model X interior configuration options after..
engadget - Published

Tesla announces new lower-cost Model 3; 4Q vehicle deliveries seen very strong says Morgan Stanley

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk announced the release of a lower cost Model 3 while an investment bank said fourth quarter deliveries will probably run at a strong clip. Musk said the company..
Proactive Investors - Published

Tesla's Gigafactory plans in China just moved forward in a big way

Back in July, Tesla announced it had signed a deal in China allowing it to build up to 500,000 vehicles a year there. Now Elon Musk's company has acquired the land to build its manufacturing facility..
Mashable - Published

Elon Musk plans to buy another $20 million in Tesla stock

Tesla CEO Elon Musk, the company’s largest shareholder, intends to buy another $20 million in common stock, a move that appears to be in response to a recent settlement with the U.S. Securities and..
TechCrunch - Published Also reported by •Newsmax

SpaceX rocket debris washes up along Outer Banks beach

The National Park Service said Elon Musk's company confirmed that "rocket hardware" was discovered at the Outer Banks
CBS News - Published

Judge approves Elon Musk settlement with SEC

NEW YORK (AP) — A federal judge is approving a settlement between Elon Musk and federal regulators over his infamous tweet about taking Tesla private. The Securities and Exchange Commission argued..
SeattlePI.com - Published

Tesla starts off 4Q with strong production numbers; Musk tweets about climate change

Tesla Inc (NASDAQ:TSLA) was once no stranger to production issues, but the electric-vehicle company seems to have found its way back on track lately. The automaker is expected to have produced 11,500..
Proactive Investors - Published

Shareholders must vote on Musk's return as Tesla chairman

If Tesla CEO Elon Musk wants to return as chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly on Thursday by Tesla and the Securities and Exchange..
SFGate - Published Also reported by •SeattlePI.com

Here's when SpaceX and Boeing really will send people into space — but that can change, again

New dates were announced for when SpaceX and Boeing will test launch and, soon after, send NASA astronauts to space. But the timeline is not definite. Hawthorne, Calif.-based rocket company SpaceX is..
bizjournals - Published

Greenlight Capital's David Einhorn compares Tesla's difficulties to those faced by Lehman Brothers, says CNBC

David Einhorn, the hedge fund manager and a scathing critic of Tesla, is slamming the electric car maker (NASDAQ:TSLA) and comparing its problems to those faced by Lehman Brothers before the bank went..
Proactive Investors - Published

Tesla's first safety report claims drivers on Autopilot are safer, but lacks detail

Tesla has released its first Autopilot safety report on Thursday, following promises from CEO Elon Musk in May that the company would do so quarterly after highly-publicised crashes involving its..
Mashable - Published

Tesla Inc manufactures a record 80,000 vehicles in 3Q, says Elektrek report

Tesla CEO Elon Musk is having a dreadful week, but the company (NASDAQ:TSLA) has some encouraging news. The electric-car maker manufactured a record 80,000 vehicles in the third quarter, per a report..
Proactive Investors - Published

Tesla CEO Elon Musk, company settle fraud suit for $40M

SAN FRANCISCO (AP) — Tesla CEO Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped..
SeattlePI.com - Published Also reported by •Deseret NewsSFGateNewsdaySeattle Times

Elon Musk and Tesla settle fraud charges with SEC; to pay $40M fine

Embattled Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has settled charges brought by the Securities and Exchange Commission stemming from a tweet last month claiming to have the funding to take the..
Proactive Investors - Published

Tesla CEO Elon Musk, company to pay $40 million to settle SEC case alleging Musk duped investors

SAN FRANCISCO (AP) — Tesla CEO Elon Musk, company to pay $40 million to settle SEC case alleging Musk duped investors.
SeattlePI.com - Published Also reported by •Seattle Times

Report: Elon Musk was offered an SEC settlement, but decided to fight

Tesla CEO Elon Musk was offered a deal that would have settled the federal fraud lawsuit he’s now facing, but decided to fight the suit instead, The Wall Street Journal reports, citing unnamed..
bizjournals - Published

THE SEC SUES ELON MUSK

the sec sues elon musk
** · *The SEC has named Elon Musk in a lawsuit, according to Bloomberg.* · *The regulator has been investigating Musk and his company, Tesla, for months.* -------------------- The..
Business Insider - Published

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