Tesla (TSLA) to lay off 10% of employees
CEO Elon Musk says Tesla needs to reduce costs and increase productivity.
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CEO Elon Musk says Tesla needs to reduce costs and increase productivity.
Tesla reported an 8.5 percent drop in vehicle deliveries compared to last year.
Rivian's upcoming R2 SUV represents a less pricey offering from the company as it attempts to meet customer demand for a more cost-effective EV.
The EV company has produced new guidance numbers for its upcoming financial year.
The Cybertruck's rollout has been a continuous source of unexpected and noteworthy costs for Tesla over the course of its development.
Tesla plans to manufacture its next EV at its Texas Gigafactory.
Tesla boasts that its Model Y EV was the best-selling vehicle in the world last year.
Tesla's Q4 saw the worst profitability the company has posted in a full year of quarterly financial reporting.
Tesla is out with Q4 2023 earnings results, and Shacknews has compiled all the important details here.
This rollout of an electric fleet of vehicles and the means to power them is part of a 10-year plan to modernize the United States postal delivery network.