Elon Musk guts Tesla's charging team after winning over major automakers [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
CEO Elon Musk announced the new layoffs in an overnight email to executives, first reported by The Information, in which he said he wants leaders to be "absolutely hard core about headcount and cost reduction," as he ordered them to cut more employees who "don't obviously pass the excellent, necessary and trustworthy test" or resign. Senior director of EV charging Rebecca Tinucci and head of new vehicles Daniel Ho are out, according to The Information. Tesla's Supercharger network has long been seen as one of its greatest competitive advantages. It's widely available, has far better uptime than other charging networks, and the connector technology -- known as the North American Charging Standard, or NACS -- is now being adopted by essentially every major automaker with a presence in North America. Will Jameson, one of the charging team leads let go in the cuts, said in a post on Musk's social media platform X that he "has let our entire charging org co." "What this means for th
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News
- PepsiCo Beverages triples EV fleet in California [Seeking Alpha]Seeking Alpha
- Tesla investors urge shareholders to vote against Elon Musk's $56bn payday – and slam board for failing to curtail him [Yahoo! Finance]Yahoo! Finance
- Tesla is rushing to give angry European rental companies big discounts as plunging resale prices push them toward Chinese EV rivals [Fortune]Fortune
- The Daily Chase: Inflation eases once more [BNN Bloomberg (Canada)]BNN Bloomberg
- China's EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2 [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/21/24 - Form PX14A6G
- 5/20/24 - Form DEFA14A
- 5/20/24 - Form PX14A6G
- TSLA's page on the SEC website