Tesla has cut Model Y production at its gigafactory in Shanghai in response to dwindling demand for its electric cars in the face of sharp price competition from low-priced Chinese manufacturers.
Tesla has recently been drawn into a price war due to fierce competition from local Chinese rivals. Data from the China Association of Automobile Manufacturers (CAAM) shows a drop in Model Y ...
Tesla Inc. shipments from its Shanghai factory fell for a third time this year in May, contrasting with robust growth for ...
Tesla Inc. has asked the European Union to subject its electric vehicles to a lower tariff rate than other manufacturers ...
Reuters reports that Tesla planned to reduce the production of the Model Y at Gigafactory Shanghai in China by at least 20 per cent between March and June. According to China Association of Automobile ...
TESLA workers are living in fear of the “Dear Employee” layoff email. Over a month into chief executive officer Elon Musk’s plans to slash at least 10 per cent of the company’s workforce, he’s still ...
In May 2024, tech industry layoffs decreased compared to previous months. Google, Indeed, Toshiba, TikTok, Walmart, Microsoft, and Tesla announced significant job cuts. While the tech industry ...
Over 600 jobs will be cut across Tesla’s workforce in California, including senior-level positions at a manufacturing plant and the company’s engineering headquarters, according to a filing ...
Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X ...