Prices of cars in the US, Germany and China were slashed over the weekend, and prices of bespoke Tesla software were also cut ...
Tesla is grappling with falling sales and an intensifying price war for electric vehicles, especially against Chinese EVs.
The global slowdown in electric vehicle demand that contributed to Tesla Inc.’s biggest-ever quarterly sales miss is hurting Elon Musk’s standing in China, the world’s biggest automotive market.
(Bloomberg) -- Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid slumping sales and a glut of inventory. Most Read from Bloomberg Elon Musk’s ...
Gift 5 articles to anyone you choose each month when you subscribe. Tesla is slashing its headcount by more than 10 per cent, part of a global retrenchment extending all the way into its executive ...
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to lure more buyers. Elon Musk's company said on Tuesday that ...
Tesla shares dropped this morning after the firm announced plans to lay off 'more than 10 per cent' of its global workforce as demands for its electric vehicles start to falter in a highly ...
For more financial news, go to the News24 Business front page. Tesla plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from ...
And what would that mean for the climate? By David Gelles Tesla is in a bad spot. The world’s largest electric carmaker on Monday told employees it would lay off more than 10 percent of its work ...
Tesla plans to lay off "more than 10 percent" of its global workforce, news site Electrek reported on Monday, publishing an email from Chief Executive Elon Musk announcing the cuts. The job cuts ...