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• Musk says Tesla charger network will grow, days after layoffs

  Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over USD 500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company. " Tesla will spend well over USD 500mn expanding our Supercharger network to create thousands of NEW chargers this year," Elon said on X. "That's just on new sites and expansions, not counting operations costs, which are much higher," he added.

  

• Tesla ramps up job cuts in China as sales slowdown bites

  Tesla Inc. is escalating job cuts in China to regain market share, with layoffs extending to various departments at its Shanghai plant. The company faces challenges amid a global EV demand slowdown, intense competition, and shrinking market share. Despite layoffs, Tesla secured approval for its driver-assistance system in China.

  

• Tesla sends top executive back to China amid weak sales

  Tom Zhu, one of the company's three named executive officers, was promoted to senior vice president of automotive in April 2023, a role in which he oversaw global production, sales, deliveries, service and the company's factories from Tesla's Austin headquarters. He previously had been based in China, heading the carmaker's Asia Pacific operations.

  

• Luminar says Tesla is biggest customer for its lidar sensors

  Lidar, which stands for light detection and ranging, shoots out light pulses that are reflected off objects, allowing self-driving systems and driver-assistance software to gain a three-dimensional map of the road. Many self-driving companies and experts regard it as a crucial component, especially during low-light situations.

  

• 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.