Tesla

Tesla is eliminating 200 employees from its autonomous driving business in San Mateo, California, as a result of the publicly announced plan to cut its employment by 10% in order to remain competitive. Elon Musk has said that he would have to eliminate every tenth position at Tesla since the company’s ambitious development goals are […] More

According to a letter from the Texas Republican Troy Nehls to the Tesla CEO that The Daily Caller News Foundation has seen, Nehls is requesting Musk’s assistance in stabilizing the electrical infrastructure in his state. Nehls wrote to Musk on Tuesday, requesting a meeting to talk about government and private sector cooperation to solve “the […] More

These days, operating Tesla or SpaceX is less Elon Musk’s real job than becoming viral, since the billionaire’s effort to purchase Twitter and harass users has generated more headlines than whatever those businesses, which he actually owns, are actually putting on the market. However, one of his genuine business moves seems to have gone poorly. […] More

Tesla is apparently implementing the cuts Elon Musk warned about in early June, with workers who started working there only weeks or months ago being let go and job offers being rescinded. Several impacted people have lately complained about social media platforms about what they refer to as lost employment and canceled offers. A manager […] More

Elon Musk, the CEO of Tesla, has a “very awful feeling” about the economy and wants to reduce approximately 10% of the company’s employment globally, according to an email reviewed by Reuters. The memo, marked “stop all recruiting globally,” was received on Thursday, two days after the billionaire instructed employees to return to work or […] More

Tesla’s white-collar employees have a choice: return to work like their assembly-line colleagues—or start clearing up their desks. In a leaked email headlined “Remote work is no longer allowed,” Elon Musk stated only in severe instances when this was proved impossible would he personally determine whether to revisit his order. The email, dated May 31 […] More

Elon Musk, the world’s wealthiest man, was the highest-paid chief executive officer in 2021, according to the Fortune 500. Musk was paid approximately $23.5 billion in 2018 after executing Tesla stock options granted as part of a multiyear “moonshot” project (around Rs 1,82,576 crore). That was the largest remuneration ever awarded to a CEO, according […] More

The electric vehicle revolution has been sparked by Tesla’s automobiles. On Tuesday, the S&P 500 removed Tesla from its ESG list, causing Elon Musk to brand the list a “scam” and accuse the “fake social justice warriors” of using the list as a weapon. Although Tesla’s S&P 500 rating has been reasonably consistent over the […] More

Elon Musk said Friday that his $44 billion US takeover of Twitter is “temporarily on pause” seeking information on spam and phony accounts on the social media network, adding to evidence of internal conflict over the proposed deal. Musk seemed to query if Twitter was underreporting “spambots” that imitate actual people. Musk has been outspoken […] More