• In Concession To Wall Street, Musk Cuts Tesla Staff To Hit Elusive Profitability Goal

    3 monthes ago - By Forbes

    The job cuts may affect nearly 4,000 people, though production workers are spared, in a move to reduce costs and meet goals of profitable third and fourth quarters this year.
    Read more ...

     

  • Layoffs hit Tesla as company cuts 9% of its workforce in restructuring

    3 monthes ago - By Fast Company

    CEO Elon Musk said the layoffs primarily affected salaried positions and will not affect Model 3 production.
    Tesla is cutting 9% of its workforce in a company-wide restructuring. As CEO Elon Musk notes in a letter to employees, the company has never made an annual profit.
    Read more ...

     

  • Tesla's Model 3 Production Goals May Hit Cobalt Speed Bump

    3 monthes ago - By Forbes

    For Tesla there have been several production issues around getting all of the parts needed for the cars. Tesla will have to fend off cobalt market competitors like Apple and Samsung. Could cobalt become the Achilles heel for Tesla's Model 3 ambitions?
    Read more ...