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The Latest Breaking News from Tesla Inc.

Tesla Inc (NASDAQ: TSLA) shares are trading lower Friday morning after CEO Elon Musk reportedly said the company will need to cut around 10% of its staff and pause hiring.

Benzinga

Is There More Upside To Tesla's Stock After Thursday's Rally?

Shares of Tesla Inc (NASDAQ: TSLA) jumped almost 5% on Thursday, after Goldman Sachs maintained a Buy rating for the EV maker. Some traders are betting the stock may rise further.

Benzinga

Tesla's Safe Drivers, BMW, DeLorean And The GV60: EV News June 3, 2022

With gas prices skyrocketing, there's arguably never been a better time to buy an EV. Share the good news and tell your friends about the benefits of ownership.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

Morning Brief: Top Financial Stories Dominating on Friday, June 3

CNBC

Benzinga

‘Employee-driven revolution’: Workers reluctant to head back to the office

City offices are slowly refilling after the Omicron outbreak forced workers to stay at home. But only a few employees want a full-time return.

The New Daily

US has over 750 complaints that Teslas brake for no reason

More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially automated driving systems have suddenly stopped on roadways for no apparent reason

The Independent UK

Could A Tesla Stock Split Help Lead Wall Street's Recovery?

Tesla’s recently announced plans for an upcoming stock split could lead the tech and auto sectors back to a bull market in time, according to The Motley Fool.

InsideEVs

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Elon Musk's Return-To-Office Ultimatum Meets Resistance In Germany

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s recent notice to employees that remote working is no longer acceptable and asking them to return to the office full-time or quit has met resistance from Germany’s largest trade union on Thursday, Reuters

Benzinga

Elon Musk seeks 10% job cuts at Tesla over ‘super bad feeling’ about economy

Email to executives also calls for hiring freeze at electric car maker, which has 100,000 staff worldwide

The Guardian - UK

Report: Elon Musk says he wants Tesla to cut 10% of jobs, citing a "super bad feeling"

"Note, this does not apply to anyone actually building cars, battery packs or installing solar," Musk said Friday.

Axios

Tesla Paid PR Firm To Track Workers On Facebook Amid 2017 Union Push: Report

Tesla Inc (NASDAQ: TSLA) paid a public relations firm to monitor workers in a Facebook Inc (NASDAQ: FB) group and on social media amid a unionization push in 2017-18, CNBC

Benzinga

Elon Musk’s return-to-office threat to Tesla staff sparks Twitter spat with Australian billionaire

Atlassian boss Scott Farquhar says he’d be happy to poach Musk’s employees for remote jobs at his software company, which allows staff to work from home

The Guardian - AU

Owen Wilson 'targeted by thieves who steal tyres and rims worth $4k from his Tesla'

Hollywood star Owen Wilson has reportedly been the victim of theft outside his California home, with thieves apparently getting away with the rims and tyres off his Tesla parked by his Santa Monica mansion

Irish Mirror

Musk Says Tesla Needs to Cut Staff by 10%, Pauses All Hiring

Tesla chief executive Elon Musk said he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by around 10%, according to an internal email seen by Reuters. The email, titled "pause all hiring worldwide," was sent to Tesla executives on Thursday. Tesla…

Asharq Al-Awsat

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Reuters

Feeling 'super bad' about economy, Musk wants to cut 10% of Tesla jobs

Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.

Benzinga

Amazon Set To Split 20:1 - What Does A Close Historical Comparison Say Will Happen Next?

(NASDAQ: AMZN) is ready to split their shares on June 3rd, 2022.

Benzinga

Why Elon Musk Is Pushing Back Tesla AI Day To September

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has pushed back the date for the company's second AI Day event by over a month to accommodate the likely working prototype of a human bot he had revealed last year.

Motor1

Tesla Model S: Ten Years Old, No Replacement In Sight

The enduring EV sold nearly 350,000 units since June 2012, but we've yet to see a new generation.

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news in one place.

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Benzinga

China Warns Biden Not To Enforce Xinjiang Import Law: Report

The Chinese government has warned the Biden administration not to enforce a new law that bans imports from the Xianjing province unless it can be proven that the products were not made by forced labor.

Motor1

Ford CEO Wants Vehicles Sold Online Only With Non-Negotiable Pricing

He spoke at length about consolidation and change in the auto industry at Bernstein's 38th Annual Strategic Decisions Conference.

InsideEVs

Panasonic Ships 4680-Type Battery Cell Samples To Tesla

Panasonic confirms that it has sent 4680-type cylindrical battery cell samples to Tesla, ahead of series production.

InsideEVs

Ford CEO Forecasts $25,000 EV Price War, Brand's Future EVs Sold Online

Ford CEO Jim Farley has been vocal of late, and he's willing to admit he's learning from Tesla. To beat Tesla, the legacy automaker is planning major changes.

InsideEVs

Watch Tesla Model Y Police Car In 30-Minute High-Speed Mustang Pursuit

More and more police departments are adopting EVs as patrol and pursuit cars, and Tesla's vehicles are proving to be solid options for many reasons.

InsideEVs

How China's Lithium Leverage Impacts Tesla And Other EV Makers

China’s jump on raw materials for EV minerals will make it hard for other countries to compete, and most lithium is mined, refined and processed by China.

Benzinga

Apple Could Make iPads Out Of China For The 1st Time Ever — In This Country

As the Chinese lockdown caused trouble for Apple Inc (NASDAQ: AAPL), the tech giant is now reportedly mulling moving some of its iPad production out of the country.

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