Photo by Justin Sullivan / Getty Images It’s gone from one piece to three. Tesla’s ambitious plans to manufacture the underbody of its vehicles into a single piece, a process known as gigacasting, has been put on hold, according to Reuters, citing two sources with knowledge of the move. It was another sign that the company was pulling back from some of its previously reported plans as it struggles to adapt to falling sales and shrinking profits. Typically, automakers piece together the underbody from hundreds of individual parts. But Tesla has been a leader in using huge presses to die-cast la ..read more

Musk said he wants Tesla to be “absolutely hard core” about the headcount reduction. | Illustration by Kristen Radtke / The Verge; Getty Images Barely two weeks after initiating layoffs for at least 14,000 staffers, Tesla is now reportedly laying off hundreds more — including senior executives and the majority of its Supercharging team. According to an email first reported by The Information and then Electrek, the automaker’s senior director of EV charging Rebecca Tinucci is leaving the company on Tuesday, alongside most of the 500-person team she oversaw. Tesla’s head of the new vehicles prog ..read more

Illustration by Laura Normand / The Verge Elon Musk’s efforts to nullify a settlement with the Securities and Exchange Commission that requires him to get a lawyer’s preapproval for some posts related to Tesla has been rejected by the US Supreme Court. Musk has been required to receive approval from his so-called “Twitter sitter” after signing a consent decree with the SEC in 2018 in response to his tweets about taking Tesla private, in which he falsely stated to have “funding secured.” But ever since agreeing to the settlement, Musk has been trying to wriggle his way out of the consent decree ..read more

Image: Getty During last night’s earnings call with investors, Elon Musk threw out an all-time late-night dorm room bong sesh of an idea: what if AWS, but for Tesla? Musk, who loves to riff on earnings calls, compared the unused compute power of millions of idle Tesla vehicles to Amazon’s cloud service business. If they’re just sitting there, he mused, why not put them to good use to run AI models? (Also, have you ever really looked at your hands? No, I mean really looked?) “There’s a potential... when the car is not moving to actually run distributed inference,” Musk said. “If you imagine the ..read more

The Model 3 might get an affordable younger sibling in 2025. | Image: Tesla Tesla says it will build more affordable electric vehicles — perhaps as soon as 2025 — refuting recent reports that Tesla CEO Elon Musk had canceled plans for a cheaper “Model 2” vehicle in favor of getting a robotaxi out the door. But Musk didn’t clarify whether the lower-cost EV would be a brand new model for Tesla or simplified versions of its current vehicles. “In terms of a new product roadmap, there’s been a lot of talk,” Musk said during the company’s first quarter earnings call, addressing the concerns investor ..read more

Illustration by Kristen Radtke / The Verge; Image: Getty Images Elon Musk is currently embroiled in a battle with Australian authorities over demands for X to remove violent content of a stabbing that took place during a livestreamed service at a church in Sydney last week. Musk is arguing that such decisions could give countries the power to control “the entire internet,” while the Australian government is arguing that geoblocking content isn’t enough in its plea for decency and social responsibility. “Our concern is that if ANY country is allowed to censor content for ALL countries, which is ..read more

Illustration: Lille Allen / The Verge Tesla is asking shareholders to vote for a second time on Elon Musk’s massive compensation package, after a Delaware judge voided the first one earlier this year on the grounds that the approval process was “deeply flawed.” Tesla shareholders approved the package in 2018, which gave Musk incentive to hit specific milestones, including a market valuation of $650 billion, which was more than 10 times Tesla’s value at the time. In a proxy statement filed today, Tesla’s board recommends that shareholders simply re-ratify the 2018 pay package in order to addres ..read more

The layoffs follow the company’s first drop in year-over-year vehicle deliveries since 2020. | Illustration by Alex Castro / The Verge A few weeks after reporting its first year-over-year decline in vehicle deliveries since 2020, Tesla is now planning to lay off over ten percent of its global workforce, according to an internal company-wide email seen by Electrek. That works out to at least 14,000 of the 140,473 employees that Tesla reported in its latest annual earnings. It’s not clear which teams at Tesla will be impacted. “There is nothing I hate more, but it must be done,” said CEO Elon Mu ..read more

Photo by Edie Leong for The Washington Post via Getty Images Tesla is reducing the subscription fee for its Full Self-Driving (FSD) driver-assist software in a reflection of the company’s continuing financial hardships. The company slashed the price to $99 / month, down from $199 where it has been since at least 2021. Tesla announced the price adjustment in a post on X, in which it described the Level 2 driver-assist system as “FSD (Supervised)” — a name tweak that’s meant to convey the fact that drivers are required to pay attention to the road and stand ready to take control of the vehicle ..read more

Image: Kristen Radtke / The Verge; Getty Images Elon Musk admitted that his posts on the platform formerly known as Twitter may have financially harmed the company in the long run, in a March 27th deposition made public on Monday by The Huffington Post. The billionaire also admitted to have a “limited understanding” of the lawsuit for which he was being deposed. The 22-year old Ben Brody sued Musk for defamation last fall, alleging that Musk pushed a conspiracy theory that falsely identified Brody as being involved in a fight between two far-right groups in Oregon. Musk’s attorney filed multip ..read more