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Dana HullFortune |
Shares of would-be taxi rivals Uber Technologies Inc. and Lyft Inc. both surged on the news.
The carmaker is banking on the Delaware Supreme Court, which will hear any appeal of McCormick’s ruling, taking a favorable view of investors...
“Mr. Musk’s slate of extraordinarily time-consuming projects unrelated to the Company was well-documented before the 2018 grant, and only expanded...
It wasn’t immediately clear how many laid-off Supercharger workers have been rehired at Tesla.
Tesla faces stiff competition in China from companies like BYD and Xiaomi, forcing the U.S. EV maker to slash prices to boost sales.
Some of the internships are unpaid, while others reportedly offer $18 to $28 an hour.
Late Saturday, Tesla cut the price of its Full Self-Driving software to $8,000 in the U.S. from $12,000.
The cheapest version of the Model Y is now $42,990 in the US, returning the sport utility vehicle’s starting price to the lowest it’s been.
Elon Musk cited “duplication of roles and job functions in certain areas” as the reason for the cuts, Electrek said, citing an email the CEO sent...
Tesla must now lure car buyers more focused on price and ease of use—and many of them worry about EV safety and range issues.
During annual performance reviews, employees usually get salary adjustments as well as merit-based stock grants on top of their existing equity.
Tesla recently stated, “From day one during onboarding, employees are exposed to our Diversity, Equity and Inclusion (DEI) principles."
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