Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%
TechCrunch » Elon Musk
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1w ago
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and E ..read more
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Elon Musk plans to charge new X users to enable posting
TechCrunch » Elon Musk
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1w ago
Elon Musk is planning to charge new X users a small fee to enable posting on the social network and to curb the bot problem. In reply to an X account that posted about changes on X’s website ..read more
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Tesla ditches EV inventory price discounts as Elon Musk moves to ‘streamline’ sales and delivery
TechCrunch » Elon Musk
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1w ago
Tesla has ended discounts on inventory across its electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline ..read more
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TechCrunch Minute: Why Tesla’s big layoffs happened, and what comes next
TechCrunch » Elon Musk
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1w ago
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 peop ..read more
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Tesla has spent $200K advertising on Elon Musk’s X so far
TechCrunch » Elon Musk
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1w ago
Tesla has spent around $200,000 on advertising through February on Elon Musk’s social media platform, X, after the CEO caved to shareholder pressure last year and said his company would ..read more
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TechCrunch Minute: Tesla’s Cybertruck recall, layoffs set the stage for its Q1 earnings
TechCrunch » Elon Musk
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1w ago
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 sen ..read more
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Tesla earnings week spotlights EV price cuts, ‘balls to the wall’ autonomy push
TechCrunch » Elon Musk
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1w ago
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift i ..read more
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Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids
TechCrunch » Elon Musk
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1w ago
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the aut ..read more
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Tesla’s new growth plan is centered around mysterious cheaper models
TechCrunch » Elon Musk
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1w ago
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 acce ..read more
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X warns that you might lose followers as it does another bot sweep
TechCrunch » Elon Musk
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2w ago
X is warning users they may see a reduction in their follower counts as the company attempts to clear the network of some spammers and bots in a large sweep. Via an announcement published by X ..read more
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