LAST UPDATE 14:00 Tesla CEO Elon Musk said the electric car maker needed to cut staff by 10%, according to an email sent to its executives, which was taken over by Reuters. “I have a very bad feeling about the economy,” he said in an email titled “All Hiring in the World Stops”. The message […]
Tag: Tesla
Reuters: ‘I have a very bad feeling about the economy’, says Musk – 10% of Tesla’s potential to be laid off
LAST UPDATE 14:00 Tesla CEO Elon Musk said the electric car maker needed to cut staff by 10%, according to an email sent to its executives, which was taken over by Reuters. “I have a very bad feeling about the economy,” he said in an email titled “All Hiring in the World Stops”. The message […]
Ultimatum Musk to its executives: Go back to the office otherwise way
Elon Musk, the richest man in the world seems to have lost his patience with his executives who continue to work from home. The CEO of Tesla Inc. decided to publish an email he apparently sent on Tuesday to the company’s executives, as reported by Bloomberg. Below the subject line “Remote work is no longer […]
Musk wants access to local markets for Tesla before building factories in those countries
Tesla will not set up car plants in any location where it is not allowed to sell and service its vehicles first, CEO Elon Musk said in a tweet when asked about his plans for India. Tesla is urging the Indian government to cut taxes so it can sell imported cars to test the market […]
” Dive ” $ 124. billion for the fortunes of Elon Musk and Jeff Bezos this year
When Tesla CEO Elon Musk surpassed Amazon founder Jeff Bezos to become the world’s richest man for the first time last September, Musk told Forbes that he would “send a giant ‘2’ statue to Bezos, along with a silver medal “. Almost eight months later, neither man is in the mood for jokes. The fall […]
SpaceX reportedly paid $ 250,000 to settle a sexual harassment lawsuit against Musk
SpaceX reportedly paid $ 250,000 in 2018 to settle allegations of sexual harassment by Elon Musk against a flight attendant on one of the company’s corporate aircraft, according to Insider on Thursday, in a story that the famous billionaire “politically motivated blow”. The flight attendant told a friend that Musk had harassed her in his […]
Leo Koguan asks Tesla to start repurchasing shares after massive losses
Billionaire Leo Koguan, who claims to be Tesla’s third-largest shareholder, has called on the auto industry to announce a $ 15 billion share repurchase program as the company’s stock continues to decline, according to CNBC. In a tweet to Martin Viecha, Tesla’s investment manager, Koguan noted that the company should immediately announce a plan to […]
Tesla told who buys nickel, cobalt and lithium for its electric vehicles
As a rule, such data is usually kept secret, however, Tesla has disclosed the suppliers of metals (nickel, cobalt and platinum) for the traction batteries of its electric vehicles. In a rather extensive list of 12 companies, there was not a single one from Russia. But there are many companies from China, they supply all […]
Tesla will create the world’s largest car export center. The company is building another plant in Shanghai
Tesla has said it will turn Shanghai into “the world’s largest auto export hub.” All thanks to a new plant capable of producing 450,000 electric vehicles a year, which will be located next to the existing factory. Gigafactory Shanghai has allowed Tesla to grow at an impressive rate during the pandemic while the rest of […]
Musk seeks to freeze as little of his fortune as possible in Twitter acquisition deal
Elon Musk is in talks with major investment companies, as well as private financiers, to secure more funding for the $ 44 billion acquisition of Twitter Inc. Musk’s moves are aimed at committing as little of his assets as possible to the said takeover deal, according to sources familiar with his initiatives. Musk is the […]