Every delivery number, every FSD build, every factory move, every filing. Tesla is the most-covered manufacturer on EVXL — this is the desk that watches them.
Major Job Cuts Hit Tesla in California Tesla has announced significant layoffs in California, cutting over 600 jobs across its manufacturing and engineering sectors. These job cuts are part of a broader reduction strategy the company has been implementing this year, reports Forbes. Overview of the Layoffs Tesla plans to eliminate 601 positions at its…
Tesla has reportedly unveiled an enticing new promotion in China, giving prospective buyers of Model 3 and Model Y the choice between a zero-interest financing option and a zero-down payment plan. This offer, valid until June 30th, is designed to make owning a Tesla more accessible and affordable for Chinese consumers. Tesla’s Zero Yuan Season…
Tesla has just released a new set of accessories for its much-hyped Cybertruck. The new additions include a spare tire and tool kit, mud flaps, underseat storage bin, and D-rings. These accessories come with varied price tags and cater to different needs of Cybertruck owners. Here’s a breakdown of the new offerings. Summary of New…
High Hopes and Heavy Losses In 2021, car rental giant Hertz made headlines with its bold move to purchase 30,000 Tesla vehicles. This decision came at a time when Tesla’s stock was soaring, and electric vehicles (EVs) were hailed as the future of transportation. Fast forward to today, and the situation has taken a dramatic…
Tensions Flare Over New Tariffs on Chinese Goods The recent escalation in the U.S.-China trade war has Beijing fuming. The Biden administration’s decision to significantly increase tariffs on Chinese imports, including a steep rise on electric vehicles, has sparked promises of retaliation from Chinese officials. As both nations brace for the fallout, the global economic…
A recent ruling has propelled Tesla into the legal spotlight as a federal judge determined that the company must face a lawsuit alleging fraudulent claims about its self-driving capabilities. The case, brought by California resident Thomas LoSavio, centers on statements made by Tesla and its CEO, Elon Musk, suggesting their cars could achieve full autonomy,…
A Surprising Turn of Events Last month, Tesla’s electric-vehicle charging division faced a dramatic upheaval. What began with high hopes for expansion led to mass layoffs, shocking the industry. Reuters investigated the series of events and their potential impact on Tesla and the broader EV market.. The Lead-Up: High Hopes and Sudden Cuts On the…
Tesla’s challenges in balancing production and sales have led to an unusual solution: parking its unsold vehicles in abandoned mall lots, reports Jalopnik. This overflow is becoming increasingly visible, symbolizing a growing issue within the electric vehicle giant. Tesla’s Production vs. Sales Imbalance In the first quarter of 2024, Tesla produced 46,561 more vehicles than…
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