Tesla

2024 - 4 - 16

Tesla Shake-Up: Layoffs, Resignation, and a Toddler Start-up!

Automotive Industry - Electric Vehicles - Elon Musk - India - Tesla

Elon Musk's Tesla is in the spotlight with global job cuts, executive resignations, and even a toddler starting up a Model X! Get the lowdown on Tesla's latest buzz!

Tesla, the innovative electric vehicle company led by Elon Musk, is facing a turbulent time with senior VP Drew Baglino stepping down amid layoffs. The recent job cuts, impacting leading markets like the US and China, were announced following disappointing first-quarter sales. The shift in leadership combined with the restructuring at Tesla has left the industry and fans speculating about the company's future.

In a surprising turn of events, a two-year-old child reportedly started a Tesla Model X and even managed to drive it, climbing on top of their mother in the process. This unusual incident added a whimsical touch to the otherwise serious news surrounding Tesla's workforce reductions. As the EV giant navigates through challenges, such light-hearted stories provide a moment of amusement amidst the chaos.

Furthermore, Elon Musk's bait-and-switch tactics and the company's struggle to maintain sales growth have raised concerns among investors and enthusiasts. Despite Tesla's efforts to project a promising future, the reality of sales slumps and unexciting product lineups is becoming harder to ignore.

The juxtaposition of serious business decisions and quirky anecdotes like the toddler starting up a Tesla Model X paints a vivid picture of the complex nature of Tesla's current situation. As the company grapples with layoffs and market challenges, the unexpected moments of humor and wonder highlight the multifaceted world of the EV industry.

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Image courtesy of "News18"

Tesla Senior VP Drew Baglino Steps Down Amid Layoffs; Check ... (News18)

The Tesla layoffs come after the company reported dismal first-quarter (Q1) sales. Its CEO Elon Musk detailed the plans in a memo sent to employees.

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Image courtesy of "Hindustan Times"

Tesla layoffs: Global job cuts at Elon Musk company to impact China ... (Hindustan Times)

A Tesla programme manager in California posted a spreadsheet on LinkedIn of over 140 staff, mostly engineers, who had been laid off and were seeking new ...

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Image courtesy of "Reuters India"

Tesla's global job cuts hit China sales team, sources say (Reuters India)

Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources ...

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Image courtesy of "Moneycontrol.com"

Elon Musk's Tesla bait-and-switch is getting old (Moneycontrol.com)

The EV company keeps pushing its “next phase of growth” message, but it's getting harder to look past a slump in vehicle sales and its unexciting lineup.

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Image courtesy of "अमर उजाला"

Tesla: दो साल के बच्चे से स्टार्ट हुई Model X, मां पर चढ़ाई ईवी, महिला ने ... (अमर उजाला)

दो साल के बेटे ने Tesla Model X ईवी को स्टार्ट कर दिया और महिला के ऊपर गाड़ी चढ़ा दी। इसके लिए महिला ने वाहन निर्माता पर मुकदमा दायर ...

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Image courtesy of "Reuters.com"

Tesla's global job cuts include leading markets US, China (Reuters.com)

Tesla's global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources ...

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Image courtesy of "Livemint"

Tesla lay off: US, China worst affected markets owing to 10% global ... (Livemint)

The 10% job cut by Elon Musk's Tesla is likely going to impact its biggest markets in the US and China.

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Image courtesy of "India Today"

Tesla executive Drew Baglino resigns after 18 years amid layoffs (India Today)

Drew Baglino, Tesla's senior vice president of powertrain and energy engineering, bid farewell to the electric vehicle company after serving for 18 years.

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Image courtesy of "മാതൃഭൂമി"

14000 ജീവനക്കാരെ പിരിച്ചു വിട്ട് ... (മാതൃഭൂമി)

Content Highlights: tesla sacks 10 percentage workforce including top executives ; X · Apr 13, 2024 ; Modi-Musk · Apr 11, 2024 ; Elon Musk Tesla · Apr 6, 2024 ...

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Image courtesy of "Kantar UK Insights"

Tesla vs Mercedes: Fast-tracking growth through meaningful ... (Kantar UK Insights)

Kantar's BrandSnapshot compares the world's most valuable automotive brand, Tesla, with Germany's top automotive brand, Mercedes-Benz.

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Image courtesy of "Business Today"

Tesla's global job cuts to hit China's sales team: Report (Business Today)

On Monday, CEO Elon Musk wrote to his staff that the company is laying off more than 10% of its global workforce, as it is grappling with falling sales and ...

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Image courtesy of "Firstpost"

Tesla Layoffs Aftermath: Top performers fired, Musk's successor to ... (Firstpost)

Elon Musk's Tesla layoffs is very similar to the lay offs that befell Twitter when he took over. It has ben chaotic, with several top performers laid off.

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Image courtesy of "Business Standard"

Tesla layoffs: Global job cuts to impact leading markets US, China (Business Standard)

Tesla faces increasing competition in China in a fierce price war with rivals led by BYD, slowing sales in the United States, as well high investment costs ...

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Image courtesy of "CNBC"

Tesla job cuts heighten Wall Street concerns that EV maker faces a ... (CNBC)

Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem · Tesla's announced job cuts on Monday failed to quell investor concerns that ...

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Image courtesy of "Business Standard"

Even before Elon Musk's visit, 8 Indian firms are already Tesla ... (Business Standard)

Indian Tesla suppliers: Like several other big companies, Tesla too started to de-risk its supply chain after the pandemic shock and looked towards Indian ...

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Image courtesy of "Moneycontrol.com"

Musk likely to announce Tesla's India entry after meet with Modi on ... (Moneycontrol.com)

To be sure, a general announcement is likely rather than a site-specific one pending a Tesla board approval for the location of a plant in India.

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Image courtesy of "Livemint"

Elon Musk may announce Tesla's entry in India after meet with PM ... (Livemint)

Elon Musk likely to announce Tesla's entry into Indian markets after meeting PM Modi. The announcement won't be site-specific, requiring board approval.

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Image courtesy of "Business Standard"

Tesla's market valuation declines below $500 billion as risks pile up (Business Standard)

Tesla shares are the second-biggest decliner on the S&P 500 Index in 2024, erasing more than $290 billion in value since year-end. The company hasn't closed ...

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Image courtesy of "Business Standard"

Rajasthan enters fray to attract Tesla India plant ahead of Musk's visit (Business Standard)

With US-based electric vehicle (EV) maker Tesla scouting for a suitable location for its foray in India, Rajasthan has joined the fray with a host of offers ...

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Image courtesy of "Livemint"

Tesla is running out of time to deliver on self-driving promises | Mint (Livemint)

The electric-vehicle pioneer seems to be shifting its growth hopes to the unproven technology of automated driving.

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Image courtesy of "Hindustan Times"

Elon Musk's Tesla dips in value as shares extend decline: What's ... (Hindustan Times)

Tesla shares are the second-biggest decliner on the S&P 500 Index in 2024, erasing about $290 billion in shareholder wealth.

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Image courtesy of "Hindustan Times"

Elon Musk's India visit: Tesla entry, meet with space startups and more (Hindustan Times)

Elon Musk in India: Elon Musk will reportedly arrive in India on April 21 and meet PM Modi on April 22.

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Image courtesy of "Livemint"

Tesla share price falls 37% in 2024 so far; market value drops below ... (Livemint)

Tesla shares have fallen 37% this year so far, becoming the second-biggest decliner on the S&P 500 Index in 2024, erasing about $290 billion in shareholder ...

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Image courtesy of "Moneycontrol.com"

Musk's visit: Tesla executives meet Rajasthan government for India ... (Moneycontrol.com)

Rajasthan has offered to 'sweeten the deal' for Elon Musk-owned Tesla and customise its offerings to the needs of the EV maker, a report has said.

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Image courtesy of "मनी कंट्रोल"

Tesla entry in India: भारत में टेस्ला की एंट्री का Elon Musk कब करेंगे ... (मनी कंट्रोल)

Tesla entry in India: लंबे समय से इलेक्ट्रिक वीइकल्स बनाने वाली टेस्ला (Tesla) के भारत में आने का इंतजार किया जा रहा है।

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Image courtesy of "ABP Live"

Elon Musk's Tesla Shares Plummet As Company Faces Market ... (ABP Live)

Tesla shares: On Tuesday, Tesla shares closed down by 2.7 per cent at $157.11 on the New York Stock Exchange, hitting a low of $153.75 during the session.

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Image courtesy of "Tech Insider"

Elon Musk says Tesla needs a 'complete organizational overhaul' (Tech Insider)

"That said, our executive tenure is unusually high at well over 10 years at Tesla," Musk wrote on X.

PM Modi on possible entry of Elon Musk's Tesla in India (The Economic Times)

Prime Minister Modi has stressed the significance of local manufacturing in investment and has welcomed global companies like Tesla to invest in India.

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Image courtesy of "Business Today"

Tesla's India Journey: From Signs In 2015 To Elon Musk's ... (Business Today)

India's proactive stance on renewable energy since 2015 has now piqued Tesla's interest, with Elon Musk confirming plans to meet Prime Minister Modi.

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Image courtesy of "MotorBeam.com"

Tesla Explores Showroom Locations In India (MotorBeam.com)

Tesla is reportedly eyeing potential showroom locations in New Delhi and Mumbai as it gears up to initiate sales in India later this year.

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