Elon Musk is pulling out the oldest trick in the executive playbook by laying off 3,000 Tesla workers (TSLA)
Friday, 18 January 2019 · Tesla announced that it would lay off 3,000 workers — 7% of its workforce.
· Tesla's headcount is bloated relative to its production — it's about time the company started cutting.
· CEO Elon Musk, with profits in his sights, is finally running Tesla like a real car company.Tesla announced Friday, via a company email,...
Need some investing advice? In the wake of Volkswagen's layoffs, Rite Aid laying off their C-Suite and Tesla's layoffs, investors may be wondering whether or not the layoffs are for the best. Rite Aid..
According to Business Insider, Last week Elon Musk-led automaker Tesla announced a spate of new announcements in a company blog post.
Tesla stated that they will shift all sales online over the coming..
Wall Street reacted nervously on Friday to Tesla Inc’s move to shut its network of high-end showrooms and launch a long-awaited cheaper version of its Model 3 sedan, as shares fell 8 percent and most..
Reuters reports Tesla Inc said Thursday it would offer a version of its Model 3 sedan for $35,000 with a delivery time of two to four weeks. Chief Executive Elon Musk in March 2016 originally said the..
Tesla Chief Executive Elon Musk hits back against U.S. securities regulators, arguing in a filing that a recent tweet about Tesla's production volume this year... Bangkok Post Also reported by •Reuters •Business Insider