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Stock impact report

Tesla eliminates charging department, raising concerns from other automakers [CBS News]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CBS News
Several leaders of Tesla's Supercharger team posted social media messages saying they were told Monday night that entire group of about 500 had been laid off by CEO Musk, who seemed to confirm the move in a posting Tuesday on X, the social media site he now owns. "Unfortunately the charging organization at Tesla is no more," Lane Chaplin, who identified himself at a former leader of Tesla real estate acquisition for charging in North America, posed on LinkedIn. The tech news site The Information, The New York Times and others reported that Musk told managers of the layoffs in an email. Cutting the charging department raised questions in the industry about whether adding EVs from other automakers would work with no staff to support adding vehicles made by other automakers. But Ford, the first in the industry to sign up with Tesla, said its plans to join have not changed. General Motors was a little more cautious. "We are continuing to monitor the situation regarding changes to Show less Read more
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