Tesla announces the elimination of more than 10% of its workforce
Faced with growing challenges, Tesla plans to lay off more than 10% of its global workforce.
Faced with growing challenges, Tesla plans to lay off more than 10% of its global workforce.
US carmaker Tesla disappoints analysts’ expectations for Q3 2023.
Electric Market Dynamics in India: Tesla Enthusiastic, BYD Facing Regulatory and Competitive Challenges. Contrasting perspectives on Tesla’s entry and BYD’s difficulties in the world’s third-largest automotive market, with a focus on negotiations, safety investigations and the implications of Chinese investment.
Tesla aims to double production at its Grünheide plant in Germany to one million vehicles a year, potentially becoming Germany’s largest automotive plant. However, environmental and union concerns surround this expansion.
Tesla will open a second factory in China to produce Megapack batteries in Shanghai, with an initial capacity of 10,000 batteries per year starting in the second quarter of 2024. This announcement comes after a growth plan presented by Tesla founder Elon Musk, which also includes the construction of a factory in Mexico for vehicle assembly.
Tesla’s first electric trucks are scheduled to be delivered in early December to PepsiCo in California, the food company confirmed.
According to the local authorities, Tesla would maintain its battery factory project in Germany despite the new American legislation.
Following new regulations in the United States, Tesla is suspending its battery factory project in Germany.
As the EU prepares to ban combustion-powered cars by 2035, sales of electric vehicles are showing signs of slowing, raising concerns.
Automaker BYD posts record profits for 2023, in a hotly contested Chinese electric vehicle market.
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