Customers examine a Model Y at a Tesla store in Jinan, Shandong province, in March 2023. [TANG KE/FOR CHINA DAILY] Tesla’s global job cuts include reducing staff in the United States and China — the automaker’s two biggest markets — across sales, tech and engineering, five sources briefed on the matter said. CEO Elon Musk … Continue reading Tesla cutting jobs worldwide, which includes leading markets
Tag: reuters
Tesla pulls a U-turn on affordable vehicle plans
Tesla showcases its models at the Beijing auto show in 2020. [LI FUSHENG/CHINA DAILY] Tesla has canceled its long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages. The automaker will continue developing self-driving robotaxis on the … Continue reading Tesla pulls a U-turn on affordable vehicle plans