Tesla eyes up business park for car servicing base
Joe SweeneyLocal Democracy Reporter, Wolverhampton
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Joe SweeneyLocal Democracy Reporter, Wolverhampton
A TikTok ban is back on the table after the House approved a new bill on Saturday addressing the issues that stalled it out in the Senate.
As Indians start casting votes in the 44-day election that started Friday, Indian Prime Minister Narendra Modi and billionaire entrepreneur Elon Musk will meet, with reports indicating that Musk will announce an investment of $2 billion to $3 billion in the country.
Elon Musk’s brain-implant company Neuralink has chosen the Barrow Neurological Institute in Phoenix, Arizona, as the initial study site to test its Telepathy device.
AUSTIN, Texas — Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware to Texas.
Tesla confirmed its laying off more than 10% of its global workforce following weak first quarter deliveries and increasing competition in the electric vehicle (EV) market, according to a filing with the Securities and Exchange Commission.
Tesla's global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. The cuts also reportedly included high-performing employees. And according to one report, some Tesla workers discovered they were out of a job when their badges wouldn't scan.
Tesla’s Cybertruck has been hit by a production delay caused by an issue with a part of the vehicle, a number of media reports have claimed.