Teslas Archives

Tesla’s Supercharger layoffs couldn’t have come at a worse time

May 4, 2024 mpsingh No Comments Technology couldnt, Layoffs, Supercharger, Teslas, Time, Worse

Bounced emails. Stalled projects. Delayed adapters. These are the immediate effects of Tesla CEO Elon Musk’s “absolutely hard core” approach to cost cutting, which has resulted in at least 500 layoffs from the company’s Supercharger business, including the division’s top executive, Rebecca Tinucci. The timing couldn’t have been worse. Tesla was on the verge of making its [...]read moreTesla’s Supercharger layoffs couldn’t have come at a worse time

Axing Tesla’s Supercharger department raises worries as other automakers join network

May 2, 2024 mpsingh No Comments Auto automakers, Axing, department, join, Network, raises, Supercharger, Teslas, Worries

DETROIT — Elon Musk’s move to lay off the department responsible for Tesla’s electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla’s network. Several leaders of Tesla’s Supercharger team posted social media messages saying they were told Monday night that entire group of [...]read moreAxing Tesla’s Supercharger department raises worries as other automakers join network

Elon Musk guts Tesla’s charging team after winning over major automakers

April 30, 2024 mpsingh No Comments Technology automakers, charging, elon, guts, Major, Musk, Team, Teslas, Winning

Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and making its connector the defacto standard in North America. CEO Elon Musk announced the new layoffs in an overnight email to executives, first reported by The Information, in which he said [...]read moreElon Musk guts Tesla’s charging team after winning over major automakers

Tesla’s new growth plan is centered around mysterious cheaper models

April 24, 2024 mpsingh No Comments Technology centered, cheaper, growth, Models, Mysterious, Plan, Teslas

Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is [...]read moreTesla’s new growth plan is centered around mysterious cheaper models

Watch: Tesla’s Cybertruck recall, layoffs set the stage for its Q1 earnings

April 22, 2024 mpsingh No Comments Technology Cybertruck, earnings, Layoffs, Recall, set, Stage, Teslas, watch

Tesla is not having a good start to the week. In its defense, it didn’t have a very good end to last week, either. Today the news is that recent price cuts have irked Tesla investors, who sent its shares off around 4% in early trading today. Those losses have extended Tesla’s total share-price declines [...]read moreWatch: Tesla’s Cybertruck recall, layoffs set the stage for its Q1 earnings

Wall Street wants answers from Musk on Tesla’s affordable car

April 21, 2024 mpsingh No Comments Auto Affordable, answers, car, Musk, Street, Teslas, Wall

Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive April 5 Reuters report that Tesla had scrapped its plans for a $25,000 “Model 2” electric vehicle. “Reuters is lying,” Musk wrote in one post that day, without identifying any inaccuracies. Nearly two weeks later, with no [...]read moreWall Street wants answers from Musk on Tesla’s affordable car

Tesla’s fixing recalled Cybertruck pedals with this rivet installation

April 21, 2024 mpsingh No Comments Technology Cybertruck, Fixing, installation, pedals, recalled, rivet, Teslas

While Aaron Cash’s video posted to X says it’s a “35 second recall fix,” demonstrated at the “Cyber Takeover” event in Long Beach, the video starts with the required drilling jig already in place. With it on the pedal, Tesla’s workers drill a hole as specified and install a rivet to secure the pedal pad [...]read moreTesla’s fixing recalled Cybertruck pedals with this rivet installation

Tesla’s newsy week, and is fintech having a moment?

April 19, 2024 mpsingh No Comments Technology FinTech, Moment, newsy, Teslas, Week

It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes and more, it was a week dyed deeply in Tesla colors so we had to chat through the latest. But that was just one element of what we got into [...]read moreTesla’s newsy week, and is fintech having a moment?

Watch: Why Tesla’s big layoffs happened, and what comes next

April 17, 2024 mpsingh No Comments Technology big, happened, Layoffs, Teslas, watch

Tesla’s layoffs and executive departures took a bite out of its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 people or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The [...]read moreWatch: Why Tesla’s big layoffs happened, and what comes next

Tesla’s Cybertruck is getting a Chinese rival from BYD

April 16, 2024 mpsingh No Comments Auto BYD, Chinese, Cybertruck, Rival, Teslas

BYD has revealed plans to launch a rival to Tesla’s Cybertruck later this year. The Chinese carmaker released images of the electric pickup truck, featuring a bright orange and blue paint job, on Thursday. It said it plans to start selling the vehicle at some point in 2024, but didn’t announce pricing. BYD’s offering will [...]read moreTesla’s Cybertruck is getting a Chinese rival from BYD