Tesla to cut salaried workforce by 10% over three months, says Musk
“Technically the layoff is only 3% of the total workforce,” boss Elon Musk said, as numbers of hourly workers will increase
Company
Tesla Inc
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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Elon Musk tweets support for Dogecoin after billion dollar writ
Musk tweeted that Tesla and SpaceX already accept DOGE for a few items of merchandise
Are commodities price hikes really behind the rising costs at Tesla?
Electric vehicle batteries contain significant amounts of copper, cobalt, nickel, lithium and tin
Elon Musk sued for US$258bn on claims he ran 'crypto pyramid scheme'
Dogecoin’s value surged last year after regular tweets from Musk and other celebrities
Tesla out front in autonomous driving crash tally, US watchdog says
Auto and tech companies reported some 500 crashes involving advanced driver-assist systems since June 2021
UK govt ends plug-in electric car grants
The Department for Transport will now shift funding towards roadside public charging and supporting plug-in taxis, motorcycles, vans and trucks
YouTube scammers make £200,000 after fake Elon Musk streams
Tens of thousands of people tuned in to watch the YouTube videos, with some transferring crypto currencies to the hackers' wallets
US widens probe into Tesla auto-pilot cars
The investigation into the cars could result in a recall
FIVE at FIVE: Musk threatens Twitter exit, Paramount’s not so ‘Top Gun,’ Lloyds tops Citigroup’s picks and Biffa receives bid as Ted Baker buyer withdraws
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news.
Tesla chief Musk changes message on job cuts
Elon Musk backtracked on his earlier statement two days after he emailed Tesla employees about a 10% job cut
Dogecoin continues to rise after Elon Musk tweet
The price of the cryptocurrency rose again by 2.57% on intraday trading today following Musk's tweet on Friday
Tesla's exclusion from ESG index highlights the paradox of Musk's company
There is a lot more to ESG than just 'E' – the environmental element
Renault unveils hydrogen-powered electric vehicle with 800km range
A fuel cell vehicle possesses an electric motor but is powered by electricity produced via hydrogen
Musk lashes out after Tesla drops out of S&P 500 ESG index
Musk claimed Tesla was "doing more for the environment than any company ever"
Tesla's exclusion from ESG index is "ridiculous" says ARK Innovation boss Cathie Wood
Tesla may be doing well in the "E" part of "ESG" but it has fallen behind its peers in other parts of the ESG equation
Tesla postpones India entry plan due to import tariffs
The government of India is pressing Tesla to commit to local production before it will lower import tariffs, which can be as high as 100% for imported vehicles
Tesla recalls 130,000 US vehicles due to problems with their touch screen displays
The US National Highway Traffic Safety Administration said Tesla is to recall the cars because of an overheating issue that could lead to a malfunction in the central touchscreen
Archive
FIVE at FIVE: Tesla Motown chartbuster; Glaxo runs low on hay fever tablets; Centrica expecting wave of bad debts; do RoboAdvisors dream of electric bears?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Hardware & electrical equipment
Apple's 30% App Store fee is "10 times higher than it should be", says Musk
Musk raised his concerns in light of a complaint by European regulators that Apple was abusing its dominant position to stifle competition for its mobile payment system, Apple Pay
Twitter may begin charging commercial and government users, says Elon Musk
Fee-based subscriptions are not new for the platform, with its Twitter Blue concept offering access to premium features and app customisation for a small monthly fee