Katrina Nicholas

Business, Technology, Equipment, Safety, Autonomous

Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%

Tesla A Tesla at a Colorado dealership. (David Zalubowski/Associated Press)

Electric carmaker Tesla Inc. needs to cut staff by around 10%, CEO Elon Musk said, noting he had a “super bad feeling” about the economy, according to an internal email seen by Reuters.

Katrina Nicholas | Bloomberg News
June 3, 2022
Government, Business, Technology, Safety, Fuel, Autonomous

Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix

Tesla Model Y electric vehicles sit outside the automaker's showroom in Shanghai, China, in January. Tesla Model Y electric vehicles sit outside the automaker's showroom in Shanghai, China, in January. (Qilai Shen/Bloomberg News)

Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue.

Katrina Nicholas | Bloomberg News
June 28, 2021