Tesla (TSLA) to lay off 10% of employees
CEO Elon Musk says Tesla needs to reduce costs and increase productivity.
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CEO Elon Musk says Tesla needs to reduce costs and increase productivity.
Revealed just under two years ago, Tesla has been preparing to enter the robotaxi industry with a new product of its own.
Tesla reported an 8.5 percent drop in vehicle deliveries compared to last year.
Electric vehicle maker Tesla has settled a racial discrimination lawsuit for an undisclosed amount of money.
Tesla (TSLA) shares were down as much as 3 percent after the decision from a Delaware judge.
Musk claimed that Dojo is already working and doing training programs as the company prepares it for tasks such as improving Full Self-Driving.
The Cybertruck's rollout has been a continuous source of unexpected and noteworthy costs for Tesla over the course of its development.
Tesla plans to manufacture its next EV at its Texas Gigafactory.
Tesla boasts that its Model Y EV was the best-selling vehicle in the world last year.
Tesla's Q4 saw the worst profitability the company has posted in a full year of quarterly financial reporting.