Tesla notifies thousands in Texas and California of impending layoffs
Tesla let thousands of employees in two states know it will be axing their jobs during upcoming layoffs.
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Tesla let thousands of employees in two states know it will be axing their jobs during upcoming layoffs.
Tesla is set to release its first-quarter earnings on Tuesday after the market closes – and the electric vehicle (EV) maker faces a reckoning from investors after a big sales miss.
The United Auto Workers (UAW) has notched a breakthrough win for southern expansion following its successful strike against Detroit's Big Three automakers last year.
Car dealers have expressed both caution and optimism about electric vehicles, telling Fox News Digital that the technology still needs to advance and that they would not feel comfortable having one as the sole car in the household.
Electric vehicle-maker Tesla announced Saturday that it cut the price of its Full Self-Driving (FSD) driver assistant software by one-third as the company reaffirmed its commitment to self-driving technology.
Elon Musk's Tesla slashed the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each on Friday after first-quarter deliveries came up short of expectations.
Ford Motor Co. celebrated the Mustang's 60th anniversary on Wednesday with the pony car now in its seventh generation, having become an icon of the American auto industry.
The average price for a gallon of gas was $3.67 this week. (iStock)