Tags: Tesla

Detroit Hosts Flagship North American International Auto Show

Tesla's Market Value Dips From $1 Trillion to Below $500 Billion After Elon Musk's Global Layoffs Memo

Tesla Inc.'s market value plummets below $500 billion from $1 trillion as shares continue to decline in 2024. This decline was further worsened by job cuts announced by Elon Musk.


Tesla Executives Drew Baglino, Rohan Patel Leave as the Company Lays Off 14,000 Workers

Two Tesla executives, Drew Baglino and Rohan Patel, are stepping down from their posts after the company announced steep layoffs.

Tesla Stock Plummets Following Elon Musk's Memo Announcing 10% Global Workforce Layoff

Elon Musk's announcement of layoffs exceeding 10% of Tesla's workforce led to a 1.20% decline in the company's stock during premarket trading, with investors expressing concerns over the decision's impact on the company's stability and future.

Elon Musk Drops Tesla FSD Price to $99 After Offering Free One-Month Trial, But Why?

Elon Musk dropped Tesla FSD's price to $99 per month after the EV maker offered free one-month trial.


Latest News

Tesla No. 1 in Brand Loyalty, New Survey Reveals; Almost 90% of EV Owners Say They'll Buy Again
Tesla is no. 1 in a new brand loyalty survey and almost 90% of its customers in the US say they'll buy another Tesla.
Tesla has resolved a lawsuit over a 2018 car accident that killed an Apple engineer after steering off a roadway near San Francisco.
The combination of issues surrounding the Cybertruck and Musk's behavior has led to growing frustration among investors and enthusiasts alike.
Tesla CEO Elon Musk has announced that the company will unveil its highly anticipated robotaxi product in August.
Tesla has reportedly ended its plans for a low-cost vehicle, a move attributed to the formidable competition posed by Chinese EV manufacturers.
Tesla and Apple may be heading to court together over a fatal 2018 crash linked to its Autopilot system, involving the death of an Apple engineer allegedly playing a video game on his phone.
A Tesla team will visit India this month to look for sites $3 billion EV facility, reports say. PALO ALTO, CA - NOVEMBER 05: A sign is posted at a Tesla showroom on November 5, 2013 in Palo Alto, California.
Analysts explain why Elon Musk could be a factor to Tesla's declining sales. Here's what they said.
Chinese domestic automakers are responding to Tesla's recent price hike and Xiaomi's entry into the electric vehicle market with enticing offers, including subsidies and price cuts.
This April's Fools Day 2024, many companies are expected to rely on the power of prankvertising. But, should they really do so?
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