Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Elon Musk announces Tesla will cut around 3,000 jobs

MailOnline Friday, 18 January 2019
Elon Musk announces Tesla will cut around 3,000 jobsThe company´s founder and CEO Elon Musk said Tesla hopes to post a 'tiny profit' in the current quarter but that after expanding its workforce by 30% last year, it cannot support that size of staff.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: Tesla CEO Elon Musk Announces Job Cuts

▶ Tesla CEO Elon Musk Announces Job Cuts 00:38

Tesla announced on Friday that it would be slashing thousands of jobs from its workforce in an attempt to bring down costs and increase production of the Model 3 sedan. The electric car manufacturer has struggled to achieve long-term profitability while balancing its expense sheet. Reuters reports...

You Might Like


Recent related videos from verified sources

Elon Musk Compliments Teen Who Made Car Go Backwards [Video]Elon Musk Compliments Teen Who Made Car Go Backwards

Elon Musk just gave a social media shoutout to a Russian teenager who hacked their car to drive backwards. NTV, a Russian TV station, posted a Twitter video of the teen’s refitted vehicle on Monday...

Credit: Wochit     Duration: 00:33Published

Tesla Rushes Model 3s To China Before Trade War Truce Expires [Video]Tesla Rushes Model 3s To China Before Trade War Truce Expires

At least three ships roughly the length of two football fields are slated to arrive at ports in China by the end of this month, each carrying precious cargo from Elon Musk. Tesla Inc. is loading as..

Credit: Wochit     Duration: 00:53Published

The Tech Company Where More Workers Fear For Their Jobs Than Anywhere Else [Video]The Tech Company Where More Workers Fear For Their Jobs Than Anywhere Else

A new survey of more than 8,000 tech workers reveals Tesla employees are most afraid of layoffs. According to Business Insider, Tesla cut 7% of its workforce in January. Overall, 35.9% of users..

Credit: Wochit Business     Duration: 00:46Published

Tesla's Biggest Non-Musk Shareholder Just Cut Its Stake In Half [Video]Tesla's Biggest Non-Musk Shareholder Just Cut Its Stake In Half

T. Rowe Price, formerly Tesla's largest institutional shareholder, cut its stake in half in the fourth quarter, a regulatory filing showed on Monday. According to Business Insider, the filing showed..

Credit: Wochit     Duration: 00:46Published

Elon Musk: Tesla 'Dog Mode' Rolling Out This Week [Video]Elon Musk: Tesla 'Dog Mode' Rolling Out This Week

This week Tesla cars will receive an update , which includes a "dog mode." A fan tweeted at Elon Musk in October asking for a dog mode that plays music, turns on the air conditioning and displays a..

Credit: Wochit     Duration: 00:37Published

Tesla Wants Dogs To Stay Cool [Video]Tesla Wants Dogs To Stay Cool

According to the New Zealand Herald Elon Musk's Tesla cars are about to get a "dog mode" to protect pets from overheating. Musk said the technology would be rolled out to his fleet of Model 3 electric..

Credit: Wochit     Duration: 00:32Published

Tesla’s Steps To Make Your Car Safe [Video]Tesla’s Steps To Make Your Car Safe

According to Digital Trends, Tesla’s next over-the-air update will use classical music to keep your car safe Company co-founder and CEO Elon Musk released preliminary details about Sentry Mode on his..

Credit: Wochit Tech     Duration: 00:40Published

Tesla and Mercedes-Benz Are Reportedly Working Together [Video]Tesla and Mercedes-Benz Are Reportedly Working Together

According to Business Insider, Tesla and Mercedes-Benz are in talks about a potential collaboration on an electric version of Mercedes-Benz's Sprinter van. Mercedes-Benz CEO Dieter Zetsche reportedly..

Credit: Wochit Business     Duration: 00:36Published

Tesla Lowers Price On Model 3 For The Second Time [Video]Tesla Lowers Price On Model 3 For The Second Time

Business Insider reports that Tesla has lowered the price of its Model 3 to $42,900. Founder and CEO, Elon Musk said in a tweet on Wednesday that the electric car comes to $35,000 after tax credits and..

Credit: Wochit Business     Duration: 00:32Published

Tesla Slashes Price On Model 3, Again... [Video]Tesla Slashes Price On Model 3, Again...

In early January Tesla announced that they were cutting the cost of their Model 3 electric cars by $2000. On Wednesday Elon Musk's company announced that they were slashing prices yet again. This time..

Credit: Wochit Business     Duration: 00:42Published


Recent related news from verified sources

Tesla ‘Dog mode’ and ‘Sentry mode’ are now live to guard your car and pets

Tesla has officially released two features for its electric vehicles aimed at protecting what owners love: their car and pets, as the company looks to leverage...
TechCrunch

Elon Musk's 'reckless' comment about the capabilities of Tesla's Autopilot could put drivers at risk, an expert says (TSLA)

Elon Musk's 'reckless' comment about the capabilities of Tesla's Autopilot could put drivers at risk, an expert says (TSLA)
** · *Tesla CEO Elon Musk said during the automaker's fourth-quarter earnings call that Autopilot, Tesla's semi-autonomous driver-assistance system, was...
Business Insider

Elon Musk Slashes Tesla Model 3 Price to Long-Awaited $35,000

Elon Musk Slashes Tesla Model 3 Price to Long-Awaited $35,000
Not Quite $35,000 Tesla finally managed to push down the price of its Model 3 electric sedan down to $35,000 — if you factor in roughly $8,000 of tax credits...
Futurism Also reported by •New Zealand Herald

Napster Co-Founder Chides Elon Musk: Worry About Gene Editing, Not AI

Napster Co-Founder Chides Elon Musk: Worry About Gene Editing, Not AI
Evil AI Napster co-founder Sean Parker pushed back against SpaceX and Tesla CEO Elon Musk’s well-publicized fears of all-powerful artificial intelligence —...
Futurism Also reported by •Proactive Investors

Tweets about this


Other recent news in Front Page

Dating apps gaining popularity as VALENTINE’s Day arrivesSponsored: 5 of the most romantic romance novels to read this VALENTINE’S DAY
Why did the AIRBUS A380 fail?RYAN ADAMS accused of sexual misconduct by several women
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest