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Is Tesla In Turmoil Or In Its Teething Stage? [Forbes]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The company plans to lay off 10 percent of its 140,000 thousand employees worldwide. (Photo by Justin Sullivan/Getty Images) Tesla, the electric vehicle (EV) pioneer, finds itself in a precarious position. Headlines scream of Full Self-Driving (FSD) limitations, with the NHTSA (National Highway Traffic Safety Administration) investigating multiple Autopilot crashes. Internally, the company grapples with layoffs and then its own supercharger network team layoffs, gigafactory delays, and facing price pressure from BYD and other Chinese competitors. Is this a temporary setback for the visionary automaker or a much bigger structural issue facing the industry? FSD: A Dream on Autopilot? Musk seeks to launch Fully autonomous driving (FSD) software in China, in Suqian, Jiangsu province, ... [+] China. ( CFOTO/Future Publishing via Getty Images) While CEO Elon Musk has been touting the virtues of FSD promising several times since 2017 that FSD will be fully operational, it seems thoug
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