Tesla plans to lay off more than 10% of workforce as sales slump

[ad_1] EV sales drop as interest in hybrid vehicles increases EV sales drop as interest in hybrid vehicles increases 01:54 Tesla plans to lay off more than 10% of its employees, multiple news outlets report, as the electric vehicle maker continues to struggle through a sharp sales slump.  Tesla had 140,473 employees as of December … Read more

Jeff Bezos is world’s richest person again, edging out former No. 1 Elon Musk

[ad_1] Jeff Bezos is richest person on Earth Jeff Bezos overtakes Elon Musk as richest person on Earth 00:30 Amazon founder Jeff Bezos took back his spot as the world’s richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos’ net worth stands at $200 billion, according to the tracker, surpassing the … Read more

Tesla’s Giga Berlin plant in Germany shut down by suspected arson fire

[ad_1] Berlin — Tesla’s “gigafactory” near Berlin was evacuated Tuesday after a fire and major power outage that was being investigated as a suspected case of arson. Police in the state of Brandenburg said they were inspecting a letter the force had received claiming that a far-left environmental organization known as Vulkangruppe (Volcano Group) was … Read more

SpaceX moves incorporation to Texas, as Elon Musk continues to blast Delaware

[ad_1] Elon Musk’s rocket company SpaceX has transferred its incorporation from Delaware to Texas, the CEO and co-founder posted on X.  The move comes just weeks after a Delaware judge struck down Musk’s $55.8 billion pay package as CEO of Tesla, prompting the billionaire to lash out against the state on social media, urging other companies to … Read more

Viral video of Tesla driver wearing Apple Vision Pro headset raises safety concerns

[ad_1] A viral video of a motorist seeming to let Tesla’s new Cybertruck drive itself while wearing the new Apple Vision Pro headset is sounding alarm alarm bells at the highest levels of the U.S. Department of Transportation. Despite their names, Tesla’s assisted driving features — Autopilot, Enhanced Autopilot and Full Self-Driving — do not mean … Read more

Tesla recalls 2.2 million cars — nearly all of its vehicles sold in the U.S. — over warning light issue

[ad_1] Tesla is recalling almost 2.2 million vehicles — nearly all of the cars that it has sold in the U.S. — because the font size is too small on its instrument panel for its brake, park and antilock brake system warning lights.  That makes the lights hard to read, increase the risk of a … Read more

Elon Musk can’t keep $55 billion Tesla pay package, Delaware judge rules

[ad_1] Elon Musk may not keep a Tesla pay package worth more than $55 billion, a Delaware judge ruled on Tuesday, saying that the Tesla CEO and his company failed to prove that the massive payout was fair. The ruling comes five years after a shareholder lawsuit accused Musk and Tesla’s board of directors of … Read more

Tesla recalls nearly 200,000 vehicles over faulty backup camera

[ad_1] Tesla is recalling nearly 200,000 vehicles in the U.S. because the backup camera can malfunction while the car is in reverse. The recall covers certain 2023 Y, S and X model vehicles. All are equipped with “Full Self-Driving” computer 4.0 and run software version 2023.44.30 through 2023.44.30.6 or 2023.44.100. The electric automaker says in … Read more

Why Teslas and other electric vehicles have problems in cold weather — and how EV owners can prevent issues

[ad_1] Extreme cold drives car concerns in Chicago Extreme cold drives car concerns in Chicago 02:26 As cold weather sweeps across the U.S., some electric vehicle owners are learning a bitter truth: Low temperatures can stop the cars dead in their icy tracks. The issue crystallized this week when some Tesla owners in Chicago discovered … Read more

Hertz is selling Teslas for as little as $21,000, as it offloads the pricey EVs from its rental fleet

[ad_1] Tesla fans may soon be able to snap up one of the company’s famously pricey cars for roughly 39% off from Hertz.  The rental car company has listed 607 ex-rental Teslas, including many smaller Model 3s cars, on its used car sales page. The cars range in price from $21,557 for a 2021 Model … Read more