Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving measures. That's not happening for Tesla on Monday.
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its ...
There’s more chaos at Tesla this week. The Information reports that last night, the company’s erratic CEO Elon Musk emailed workers with news that he has dismissed a key pair of executives—one ...
At xAI, Musk’s two-year-old AI start-up merged with X in March, and the churn has been faster. Its CFO and general counsel quit within a week of each other after short stints. Some departures were ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Over the last 12 months, at least 10 executives have exited Tesla, including some of CEO Elon Musk's ...
Tesla released its financial results for 2024 on Wednesday afternoon, following the close of the markets. The maker of electric vehicles may have to invest in stocks of red ink, because 2024 results ...