Tesla is in a bad spot. The world’s largest electric carmaker on Monday told employees it would lay off more than 10% of its workforce, and two senior executives said they were leaving. Earlier this month Tesla announced a stunning drop in sales, delivering 387,000 cars worldwide in the first quarter, down 8.5% from the … Read more
New York: Tesla will ask shareholders to vote again on the same $56 billion compensation package for chief executive officer Elon Musk that was voided by a Delaware court early this year. In its proxy filing issued Wednesday, Tesla said it will call a vote on moving the company’s state of incorporation to Texas from … Read more
Image: Bradley Brownell After just a couple of months and a few thousand miles of ownership, Tik Tok user @captian.ad’s Tesla Cybertruck was effectively a several-thousand-pound paperweight for several hours. After taking his truck to the beach and stopping off at a car wash to clean it up, he parked the truck in his garage, … Read more
Elon Musk is good at two things: having a lot of kids and pissing people off. Now, the Tesla CEO is angering his investors after he sent out an extremely vague social media post following a report from Reuters that the planned $25,000 Tesla is dead. He basically accused the outlet of “lying” on his social … Read more
Tesla may have told its staff it was laying off over 10 percent of its workforce over the weekend, but apparently, not everyone got the memo. Some workers didn’t realize they were laid off until they showed up at the automaker’s facilities and found their key cards didn’t work anymore. The Hype Behind Tesla Stock … Read more
Good morning! It’s Wednesday, April 17, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Toyota CH-R Is Dead in America 1st Gear: Ports Are Filling With Unsold Cars, Mostly From China … Read more
Happy Tuesday! It’s April 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Even EVs Can’t Get A Break From The Heat 1st Gear: Tesla Layoffs Include Tons Of Salespeople Yesterday, Tesla … Read more
Charging in the U.S. sucks. It’s getting better thanks to some massive new investments, but it’s still incredibly common to show up at a charge site and find the only available charger is broken. The Tesla Supercharger network is currently the best in the business, which helps explain why every automaker decided to switch to … Read more
Tesla owners are understandably peeved about the newest update (version 12.3.4) to the so-called Full Self Driving suite of driver assist features. It would seem that Tesla’s camera-only driving system is having a hard time figuring out curbs. As InsideEVs pointed out, some owners are taking to social media to voice their displeasure that their … Read more
It sure looks like Tesla has issued a stop-sale order of new Cybertrucks to address a serious problem with the truck’s accelerator pedal which could lead to unintended acceleration issues. A number of forum and social media posts on X and TikTok have brought up the issue. Tesla’s Cybertruck Has Finally Arrived Several folks have … Read more
