ELON MUSK

The inside story of Elon Musk's mass firings of Tesla Supercharger staff

Despite the mass firings, Musk has since posted on social media promising to continue expanding the network. But three former charging-team employees told Reuters they have been fielding calls from vendors, contractors and electric utilities, some of which had spent millions of dollars on equipment and infrastructure to help build out Tesla's network.

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Musk invites billionaire investor Warren Buffett to invest in Tesla

Elon Musk, on Monday, invited billionaire investor Warren Buffett to come and invest in Tesla, which is facing tough times amid global slowdown in EV sales.
Indian EV startup makes offer to interns spurned by Elon Musk

"At Pravaig Dynamics we understand the importance of feeling valued and supported in your career pursuits. That's why we want to extend a genuine invitation to those affected by this unfortunate situation," Shivangi Bagri, Partner at Pravaig wrote on her LinkedIn page.
Shifting dynamics: How Elon Musk is getting more dependent on China

Tesla played a crucial role in catalyzing the growth of China's electric vehicle market in its early stages. However, as domestic companies such as BYD and Nio make significant strides in advancing their technologies, particularly in the realm of autonomous driving, China's dependence on Tesla is diminishing. The Chinese market is now inundated with cutting-edge models from local producers, which are eclipsing Tesla's products.
Tesla's restructuring hits executive bench hailed by Elon Musk

"We've obviously got significant bench strength here," Musk said at the time, responding to investor concerns that the world's most valuable automaker was too much a one-man show.
Tesla interns' offers are getting revoked weeks before their start date

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.
Elimination of Tesla's charging department raises worries as EVs from other automakers join network

"Unfortunately the charging organization at Tesla is no more," Lane Chaplin, who identified himself as a former leader of Tesla real estate acquisition for charging in North America, posed on LinkedIn.
In the driver's seat of driverless cars

China has amassed a ferocious pack of EV-makers, led by the world's top producer BYD, that are not only forcing price cuts but are also pushing the envelope on autonomous vehicles. This is helped by the fact that some of its EV-makers such as Huawei started out as smartphone manufacturers and have been quite adept at making cars smarter.
Tesla to cut hundreds more jobs in Musk cost push

Tesla plans to implement further job cuts beyond the recent layoff of over 10 percent of its workforce as part of its cost-cutting measures amid challenges in the electric vehicle market, according to a report by US media. Elon Musk, CEO of Tesla, expressed a commitment to stringent headcount and cost reduction in an email, targeting executives who retain staff not meeting high standards.
Supreme Court rejects Musk appeal over tweets that must be approved by Tesla

The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. The tweets caused the company's share price to jump and led to a temporary halt in trading.
China backing Elon Musk on full self-driving revs up Tesla shares

Prior to Monday's share price jump, Tesla shares had lost about a third of their value this year as concerns have grown about its growth trajectory. Key questions remain, however, on whether Tesla can secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles.
Musk's big win in China: Tesla clears data security, full self driving hurdles for locally-made cars

Tesla CEO Elon Musk's surprise visit to China has proven to be a strategic move yielding significant results. Musk secured a key clearance from Chinese authorities, boosting the EV maker's efforts to revive declining sales and regain trust in the Chinese market, where local automakers like BYD challenge Tesla's dominance. Tesla cars produced in China met essential data security and privacy requirements, allowing Musk to progress in gaining approval for driver-assistance software introduction. Furthermore, a reported deal between Tesla and Baidu for mapping services in China hints at further advancements in the company's operations.