Tesla employee headcount balloons in 2022, countering tech sector layoffs

Tesla’s employee headcount grew by 23 percent in 2022, while other tech companies eliminated positions due to economic conditions. In 2022, layoffs hit the tech sector hard, as companies like Google, Twitter, Facebook/Meta, and others eliminated employees to save money with the threat of a recession looming. Tesla was one of those companies, but its […]

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AMPECO raises $16 million for expansion of its EV charging management platform in the US 


EV charging management platform AMPECO has raised $16 million in venture capital investment after closing a $13-million Series A funding round led by BMW i Ventures. The round also included LAUNCHub Ventures, Cavalry Ventures and a number of angel investors.   The company offers a white-label, hardware-agnostic EV charging management platform that covers public, private and… Read more »

Tesla is planning to increase its capital expenditures over the next 2 years

Tesla’s recently posted 10-K filing has revealed something quite interesting about the company’s plans for the near future. Amidst the pursuit of its ambitious goal of ramping to 20 million vehicles per year by the end of the decade, Tesla has noted that it is planning to spend between $6 billion to $8 billion this […]

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