Profile picture of The Sydney Morning Herald
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
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What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.
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Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more   omny.fm/shows/elon-inc/the-most-important-earnings-of-elons-life
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Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
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Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Tesla Earnings Report Could Add to Concerns About Its Strategy
Quick Glance: Tesla Profit Decline Alarms Investors
  • Tesla's profit fell by 55% in the first quarter due to tepid car sales.

  • Revenue dropped by 9% to $21.3 billion.

  • Price cuts and job layoffs indicate challenges in cost control.

  • Investors concerned about Tesla's declining sales and profits.
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Fire protection: Berlin prohibits taking e-scooters on local transport - Golem.de
golem.de/news/brandschutz-berlin-untersagt-mitnahme-von-e-tretrollern-im-nahverkehr-2404-184466.html
Fire protection: Berlin prohibits taking e-scooters on local transport - ...
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Announces Steep Employee Cuts Amid Revenue Drop
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Tesla’s entry into India’s EV market will be 'good news’ for the country, says MG Motor India
cnbc.com/2024/04/24/elon-musk-teslas-entry-into-india-ev-market-is-good-news-mg-motor-india-.html
Tesla’s entry into India’s EV market will be 'good news’ for the country ...
Quick Glance: Tesla's Impact on India's EV Market
  • MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.

  • According to Bain & Company, EVs constitute around 5% of India's automobile sector.

  • India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
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UAE-Oman railway enters implementation phase - News | Khaleej Times: It will now be known as Hafeet Rail — derived from the railway's scenic route from the ...
khaleejtimes.com/uae/transport/uae-oman-railway-enters-implementation-phase
UAE-Oman railway enters implementation phase - News | Khaleej Times
Quick Glance: UAE-Oman railway project in implementation phase: CEO of Hafeet Rail
  • Ahmed Al Musawa Al Hashemi, CEO of Hafeet Rail, confirmed that the railway project between the Sultanate of Oman and the United Arab Emirates has entered into the implementation phase today.

  • He stated that several tangible steps have been taken, starting with the signing of the partnership agreement between stakeholders and the awarding of major contracts for the project to a UAE-Omani alliance comprising companies from both countries operating as one team.

  • Al Hashemi emphasized that the project will bring numerous economic and social benefits. He highlighted that the railways are operated with high efficiency in terms of safety and environmental sustainability, being among the most sustainable means of transportation.

  • He expressed his expectations that the UAE-Oman railway project will act as a catalyst for further cooperation in various economic and industrial sectors, with a direct impact on passenger movement between the two countries, further enhancing tourism and relationships between their peoples.
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Tesla profits tumble but shares rise on new vehicle plan: Elon Musk's once-dominant leadership in EVs faces more competition from rivals
gulfnews.com/business/retail/tesla-profits-tumble-but-shares-rise-on-new-vehicle-plan-1.1713928095769
Tesla profits tumble but shares rise on new vehicle plan
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Elon Musk shares Tesla's EV outlook; promises Robotaxi, production of cheaper vehicles and Optimus robot to investors | Mint
livemint.com/companies/news/elon-musk-shares-tesla-ev-outlook-promises-robotaxi-production-of-cheaper-vehicles-optimus-robot-to-investors-ai-tech-11713927096973.html
Elon Musk shares Tesla's EV outlook; promises Robotaxi, production of ...
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Tesla is in talks with ‘one major automaker about licensing Full Self-Driving’: Elon Musk confirmed that Tesla is currently in talks with “one major automaker ...
electrek.co/2024/04/23/tesla-in-talks-one-major-automaker-licensing-full-self-driving/
Tesla is in talks with ‘one major automaker about licensing Full ...
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Tesla layoffs to save $1 billion annually, Elon Musk calls it 'necessary for next phase of growth' | Mint
livemint.com/companies/news/tesla-layoffs-to-save-1-billion-annually-elon-musk-calls-it-necessary-for-next-phase-of-growth-11713921984470.html
Tesla layoffs to save $1 billion annually, Elon Musk calls it 'necessary ...
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Tesla layoffs update: California and Texas employees will see job loses as the EV maker moves to streamline its workforce
fastcompany.com/91112195/tesla-layoffs-update-2024-california-texas-employees-job-losses
Tesla layoffs update: California and Texas employees will see job loses as ...
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Tesla's future is riding on Elon Musk believers: Tesla reported a drop in revenue during its first quarter earnings call, falling short of expectations and ...
businessinsider.com/teslas-future-is-riding-on-elon-musk-believers-2024-4
Tesla's future is riding on Elon Musk believers
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Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV? @EdLudlow reports www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
  • Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.

  • Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.

  • Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.

  • Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
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China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
cnbc.com/2024/04/24/chinas-xiaomi-is-selling-so-many-electric-cars-its-closer-to-breaking-even.html
China's Xiaomi is selling more EVs than expected, raising hopes it can ...
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Elon Musk vague when asked if he would step back from Tesla in 3 years: Elon Musk did not give a direct answer on Tuesday about whether he plans to reduce his ...
businessinsider.com/elon-musk-vague-if-he-would-step-back-from-tesla-2024-4
Elon Musk vague when asked if he would step back from Tesla in 3 years
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Mercedes-Benz beats Tesla to selling Level 3 autonomous cars in the U.S.: Notably, it's very limited autonomous driving.
mashable.com/article/mercedes-benz-level-3-autonomy
Mercedes-Benz beats Tesla to selling Level 3 autonomous cars in the U.S.
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New British nuclear submarine named HMS Agamemnon: Agamemnon - named after the ancient Greek king - is the sixth of seven Astute submarines being built by BAE ...
ukdefencejournal.org.uk/new-british-nuclear-submarine-named-hms-agamemnon/
New British nuclear submarine named HMS Agamemnon
Profile picture of Electrek
Tesla announces change of plans to build cheaper electric cars: Tesla announced that it is changing its product plan to introduce cheaper electric cars to be ...
electrek.co/2024/04/23/tesla-announces-change-of-plans-to-build-cheaper-electric-cars/
Tesla announces change of plans to build cheaper electric cars
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Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Elon Musk apologizes to laid off Tesla employees for a major mistake
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GM trucks drive Q1 profitability as EVs begin to gain traction: GM positive now that contract talks with the United Auto Workers are over, and its ability to ...
detroitnews.com/story/business/autos/general-motors/2024/04/23/gm-trucks-drive-q1-profitability-as-evs-begin-to-gain-traction/73425637007/
GM trucks drive Q1 profitability as EVs begin to gain traction
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Tesla pulls back on new models plan after 55% fall in net profit in Q1: Tesla reported a big slump in quarterly profits Tuesday amid an increasingly cutthroat ...
dailysabah.com/business/automotive/tesla-pulls-back-on-new-models-plan-after-55-fall-in-net-profit-in-q1
Tesla pulls back on new models plan after 55% fall in net profit in Q1
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Elon Musk is a pigeon CEO, ‘he comes, sh*ts all over us, and goes’, says former Tesla manager
electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-tesla-manager/
Elon Musk is a pigeon CEO, ‘he comes, sh*ts all over us, and goes’ ...
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Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost: Tesla mass layoffs slam Bay Area workers in Fremont and Palo Alto facilities, with over 2 ...
sfchronicle.com/bayarea/article/tesla-layoffs-bay-area-19418511.php
Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost
Quick Glance: Tesla Layoffs Impact Bay Area with Over 2,750 Jobs Lost
  • Tesla mass layoffs hit Bay Area's Fremont and Palo Alto facilities, resulting in over 2,750 job cuts. The job cuts are part of a broader 10% workforce reduction at Tesla, affecting various locations.

  • The layoffs are set to commence on June 14, impacting employees across multiple sites in Fremont and Palo Alto. In addition, significant job losses will occur in Lathrop, Burbank, and Austin, totaling thousands of affected workers.

  • Tesla's decision to eliminate a large portion of its workforce stems from the need to reduce costs amidst industry challenges. CEO Elon Musk emphasized the necessity of these layoffs despite their impact on employees and communities.

  • The company's restructuring plan reflects a shift in focus and operational strategies to address market dynamics, including declining stock value and competitive pressures in the electric vehicle sector. Tesla's future direction aims to navigate these challenges while maintaining its position in the industry.
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Tesla's chaotic layoffs leaves workers nervous about future: In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo.
businessinsider.com/teslas-workers-nervous-about-future-after-layoffs-2024-4
Tesla's chaotic layoffs leaves workers nervous about future
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Cheaper Teslas are arriving sooner than planned: Tesla said cheaper models are coming sooner than it had planned. The move comes as it reported a steep Q1 ...
businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4
Cheaper Teslas are arriving sooner than planned
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Tesla vote on Elon Musk $56 billion payday critical for future: Tesla's poor performance doesn't justify Musk's pay package for a part-time CEO.
houstonchronicle.com/business/columnists/tomlinson/article/elon-musk-pay-tesla-shareholder-vote-19412462.php
Tesla vote on Elon Musk $56 billion payday critical for future
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Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders: Perhaps investors will ignore falling profits and revenues in favor of a sexy—though not yet ...
thedailybeast.com/musk-plays-up-sentient-humanoid-robots-as-tesla-flounders
Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders
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MRT LINE-5 Why do you need Tk 1,769.21cr for consultancy? Planning commission seeks explanation from DMTCL Read more in comments
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Tesla's short-lived marketing team laid off: Tesla scraps its marketing team just months after it began, continuing the company's workforce reduction.
businessinsider.com/tesla-new-marketing-team-advertising-cut-layoffs-2024-4
Tesla's short-lived marketing team laid off
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Sebastian Steudtner says he has surfed the ‘unsurfable’ after drone technology measures 93.7-foot wave as world record
cnn.com/2024/04/22/sport/sebastian-steudtner-record-breaking-wave-surfing-spt-intl/
Sebastian Steudtner says he has surfed the ‘unsurfable’ after drone ...
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Thuringians have lost interest in electric cars: Many parking spaces reserved for electric cars remain empty in Thuringia. Due to the elimination of the purchase ...
thueringer-allgemeine.de/wirtschaft/article242166152/Thueringer-haben-Lust-am-E-Auto-verloren.html
Thuringians have lost interest in electric cars
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Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV? For more: www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
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3 Lessons for Leaders From Elon Musk's $100 Billion Payday: When making executive comp decisions, it's important to focus on sustainable value.
inc.com/peter-cohan/3-lessons-for-leaders-from-elon-musks-100-billion-payday.html
3 Lessons for Leaders From Elon Musk's $100 Billion Payday
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Oracle met with Senate aides about TikTok data storage after House ban passed : Oracle and TikTok have a corporate partnership called Project Texas that allows U ...
cnbc.com/2024/04/22/oracle-met-with-senate-aides-on-tiktok-data-housing-project.html
Oracle met with Senate aides about TikTok data storage after House ban ...
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Is Elon Musk Forcing Everyone To View Tesla As An AI Company?: Tesla stock is hitting fresh 52-week lows ahead of Q1 earnings Tuesday as Elon Musk keeps hinting ...
investors.com/news/tesla-stock-elon-musk-an-ai-company-after-tesla-earnings/
Is Elon Musk Forcing Everyone To View Tesla As An AI Company?
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Tesla Fires Entire US "Growth Team" Built Just 4 Months Ago: The entire US "growth content" team, a group of about 40 employees overseen by ...
ndtv.com/world-news/tesla-fires-entire-us-growth-team-built-just-4-months-ago-5505152
Tesla Fires Entire US "Growth Team" Built Just 4 Months Ago
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Tesla stock price hits 52-week low after another round of price cuts: "Tesla prices must change frequently in order to match production with demand ...
markets.businessinsider.com/news/stocks/tesla-stock-vehicle-model-y-price-cuts-tsla-elon-musk-2024-4
Tesla stock price hits 52-week low after another round of price cuts
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How the UAW’s win may change the South: For five decades, the southern United States has been an attractive location for foreign automakers to open plants thanks ...
cnn.com/2024/04/23/business/uaw-south-jobs/
How the UAW’s win may change the South
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Tesla stock slumps again after troubled EV maker cuts prices ahead of earnings report
fastcompany.com/91110753/tesla-stock-slumps-ev-price-cuts-earnings-report
Tesla stock slumps again after troubled EV maker cuts prices ahead of ...
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Tesla lowers price of ‘Full Self-Driving’ to $8,000, down from $12,000: The software, which CEO Elon Musk said would only get more expensive as it gets more ...
electrek.co/2024/04/21/tesla-lowers-price-of-full-self-driving-to-8000-down-from-12000/
Tesla lowers price of ‘Full Self-Driving’ to $8,000, down from $12,000
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Elon Musk doesn't believe in aliens - he would know about them: Elon Musk says he found no evidence of alien existence with his Starlink satellites.
businessinsider.de/wirtschaft/international-business/elon-musk-glaubt-nicht-an-ausserirdische-er-wuerde-von-ihnen-wissen/
Elon Musk doesn't believe in aliens - he would know about them
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Why do you need Tk 1,769.21cr for consultancy?: The Planning Commission has asked for an explanation regarding the amount metro rail authorities sought for ...
thedailystar.net/news/bangladesh/news/why-do-you-need-tk-176921cr-consultancy-3593196
Why do you need Tk 1,769.21cr for consultancy?
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Here's what Tesla's Uber competitor would look like: Elon Musk's Tesla is emphasizing its self-driving and robotaxi businesses as EV demand softens ...
businessinsider.com/tesla-reveals-uber-competitor-ride-hailing-app-photos-2024-4
Here's what Tesla's Uber competitor would look like
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Longtime Tesla bull hits panic button on robo-taxis vs. Model 2: ‘It would be a disaster of epic proportions’
fortune.com/2024/04/20/tesla-stock-warning-model-2-robo-taxi-elon-musk-q1-earnings-call/
Longtime Tesla bull hits panic button on robo-taxis vs. Model 2: ‘It would ...
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Jordan Westburg: .478/.500/.913, 2 HR, 8 RBITrea Turner: .462/.481/.769, 12 H, 6 XBH Your Chevrolet AL and NL Players of the Week!
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Elon Musk postpones India visit, citing Tesla obligations: Elon Musk has postponed his planned trip to India, citing “very heavy” obligations at Tesla.
cnn.com/2024/04/20/business/elon-musk-postpones-india-visit-intl-hnk/
Elon Musk postpones India visit, citing Tesla obligations
Quick Glance: Elon Musk Postpones India Trip, Sources Say
  • Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.

  • Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.

  • His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.

  • Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
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“Caren Miosga”: “We will not tolerate that opinions in the party can be purchased,” says Chrupalla
welt.de/vermischtes/article251141650/Caren-Miosga-Werden-nicht-dulden-dass-Meinungen-in-der-Partei-kaeuflich-erwerbbar-sind-sagt-Chrupalla.html
“Caren Miosga”: “We will not tolerate that opinions in the party can be ...
Quick Glance: AfD Leader Chrupalla: Self-Presentation and Critical Discussion
  • Caren Miosga presents AfD leader Tino Chrupalla as a friendly next-door painter who evades critical questions.

  • The discussion touches on the Russia ties of AfD politicians, lack of evidence, and sexism within the party.

  • Chrupalla portrays himself as a down-to-earth private individual with vague political ambitions.

  • Topics like economic policy, labor shortages, childcare, and integration are discussed, while critical confrontations fall flat.
Profile picture of Insider (news website)
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
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Ford was the first automaker to announce its adoption of Tesla’s NACS standard, now it’s the first to bring Supercharger access to its drivers 🚘 Tap the 🔗 in ... Show more   #ford   #ev   #electricvehicles   #tesla   #cartech   #cars   #auto
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Elon Musk says he 'would know' if there are aliens out there: Musk's rocket company, SpaceX operates a satellite internet system called Starlink ...
businessinsider.com/elon-musk-says-he-would-know-if-aliens-out-there-2024-4
Elon Musk says he 'would know' if there are aliens out there
Quick Glance: Elon Musk Casts Doubt on Alien Existence
  • Elon Musk expressed his skepticism about the existence of aliens, emphasizing that he had not seen any evidence.

  • The billionaire responded to a recent interview where Tucker Carlson shared his views on aliens.

  • Musk has previously publicly pondered the topic of aliens and highlighted the importance of space exploration.

  • His involvement in SpaceX and the Starlink project has positioned Musk as a significant player in the aerospace industry.
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CS Murkomen names and shames owner of car in a viral video: The incident caught the attention of a worried road user whose car was trailing the Mercedes from ...
standardmedia.co.ke/national/article/2001493701/cs-murkomen-names-and-shames-owner-of-car-in-a-viral-video
CS Murkomen names and shames owner of car in a viral video
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Elon Musk wanted to cut Tesla headcount by 20%, Bloomberg source says: Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in ...
businessinsider.com/elon-musk-cut-tesla-headcount-20-percent-bloomberg-2024-4
Elon Musk wanted to cut Tesla headcount by 20%, Bloomberg source says
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Australian politicians join the unhappy queue behind Tesla investors: The Musk fan club is being sorely tested, as the company ricochets between issues including ...
smh.com.au/business/companies/australian-politicians-join-the-unhappy-queue-behind-tesla-investors-20240422-p5flq7.html
Australian politicians join the unhappy queue behind Tesla investors