Tesla has made the decision to cut Summer internships from its plans in a shocking move as it continues to cut its employee headcount. Tesla’s broad layoff scope has impacted everyone from executives to lower-level associates to Service techs as it trims its workforce by roughly 14,000 workers. It now seems that college students who […]
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A recent report from Reuters has claimed that Tesla is stepping back from its plan of developing a next-generation gigacasting system that would have allowed the company to use a single casting for a vehicle’s entire underbody. Instead, the publication claimed that Tesla would be sticking with its tried and tested process of using a front and rear megacast and a structural battery […]
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Tesla has lost its Senior Director of Human Resources, marking yet another executive departure as the automaker prioritizes cost efficiencies. Over the past month, as Tesla has looked to trim its employee headcount by at least ten percent, several executives have left. They include Rohan Patel, Drew Baglino, Rebecca Tinucci, Daniel Ho, and Martin Viecha, […]
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Tesla’s Referral Program has ended, as the company announced earlier this month. The change is relatively significant as the Referral Program has helped owners gain points to redeem anything from early Cybertruck delivery dates to Tesla merchandise for themselves, all by convincing others to do anything from test drive to purchase a vehicle. However, the […]
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Although Tesla Supercharger installations are going to slow down, and new projects are likely to decelerate by a considerable margin based on CEO Elon Musk’s plans, automakers that have adopted Tesla’s North American Charging Standard (NACS) have no plans to change course. Ford, General Motors, and a handful of other car companies that have invested […]
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Xiaomi and Tesla China may be direct rivals since the launch of the Xiaomi SU7, a challenger to the Tesla Model 3, but the Chinese tech giant’s executives are still supportive of the American EV maker’s innovations. This was highlighted recently when Xiaomi co-founder and vice chairman Lin Bin posted a message on Chinese social media praising Tesla’s Full Self-Driving (FSD) system. Lin shared his thoughts […]
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Tesla’s Megapack Factory in China is ready to start construction this month. Construction started at Tesla’s Megafacotry Shanghai site in March 2024. Since then, very little has been built on the site. Tesla Giga Shanghai’s resident drone operator, WuWa, recently provided an update on the company’s Megapack Factory in China. He explained why construction stopped after the […]
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BYD’s profits declined by 47% in the first quarter of 2024 compared to Q4 2023. BYD sold more than 300,000 battery electric vehicles (BEVs) in the first quarter, down from 526,000 in the fourth quarter of 2024. The Chinese automaker beat Tesla in terms of volume deliveries in Q4 2023 but lagged behind the US electric vehicle […]
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Elon Musk explained the reasoning behind disbanding Tesla’s supercharger team in a communication on his social media platform X. Earlier today, we reported Tesla was letting go of several key members of its Supercharger team in what was a surprising move. It was a small part of the large effort to remove roughly 10 percent […]
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Tesla Megapack deployment reached an all-time high in the first quarter of the year, along with the company’s energy business reaching higher profit margins than ever before. During Tesla’s Q1 2024 earnings call held last Tuesday, CEO Elon Musk noted that Megapack deployments reached an all-time high, while the company reached a record profit margin […]
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