Tesla plans 7 pct staff cut, says road ahead very difficult

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 3 days ago

FILE PHOTO - A 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. REUTERS/Mike Blake/File Photo (Reuters) - Electric carmaker..

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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 1 week ago

According to Reuters, Tesla has agreed to buy energy storage company Maxwell Technologies for $218 million. It's a deal that could help the electric car maker produce batteries that hold more energy..

Credit: Wochit Business     Duration: 00:32Published 1 week ago

According to Business Insider, Tesla has plans to produce its upcoming Model Y crossover SUV at its Gigafactory in Reno, Nevada. The electric car manufacturer said on Wednesday that the volume..

Credit: Wochit     Duration: 00:48Published 2 weeks ago

According to Digital Trends, Tesla is reorganizing its Model S and Model X electric car trim levels. The automaker is ending its long-standing practice of using battery-pack capacity to designate trim..

Credit: Wochit     Duration: 00:37Published 2 weeks ago

According to Reuters, Wall Street analysts expect Tesla Inc to forecast a loss for the first quarter when it reports results on Wednesday, having changed their expectations for a profit after Chief..

Credit: Wochit Business     Duration: 00:41Published 2 weeks ago

Don't count Tesla out just yet. Although Tesla CEO, Elon Musk announced on Friday that the electric car company plans to lay off 7% of its staff, due to pressure on their profits and their Model 3..

Credit: Wochit     Duration: 00:50Published 3 weeks ago

Tesla has reduced its production hours for the Model S and X in a move related to its mass layoffs last week. The cuts come after it stopped offering the cheaper, 75 kWh version of the car. A..

Credit: Wochit     Duration: 00:40Published 3 weeks ago

According to Reuters, a Tesla spokesperson said on Wednesday that Tesla Inc is reducing production hours for its higher priced electric cars Model S and Model X to improve efficiencies. The company,..

Credit: Wochit     Duration: 00:34Published 3 weeks ago