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Author: CNBC Online news

Here’s the email Elon Musk sent all Tesla employees about 10% head count reduction

Tesla is cutting 10% of its salaried employees CEO Elon Musk wrote in an email to all employees there on Friday. Go to Source

Published June 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, People, Tesla

Tesla shares dip more than 9% on Elon Musk’s plans to cut workforce

Tesla shares dip on hiring freeze, Elon Musk’s ‘super bad feeling’ about the economy Go to Source

Published June 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Tesla monitored its employees on Facebook with help of PR firm during 2017 union push

Records show that Tesla paid MWW PR to monitor workers online in 2017, including in a Tesla employee Facebook group. They paid special attention to organizers. Go to Source

Published June 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, People, Tesla

Cruise gets green light for commercial robotaxi service in San Francisco

Riders will soon be able to pay for a driverless taxi ride in San Francisco from Cruise, which is majority-owned by General Motors. Go to Source

Published June 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, GM, Mobility

Ford’s U.S. sales decline narrowed in May as demand remained high for its electric vehicles and pickups

Ford said its sales decline was narrower than the overall industry’s, helped by demand for the company’s latest products as the chip shortage lingered. Go to Source

Published June 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Ford, Production/Sales News

Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production and prepares for a new Mustang

Ford will add 6,200 union jobs and promote another 3,000 temps to full-time status as it prepares to build more EVs and all-new versions of Mustang and Ranger. Go to Source

Published June 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, Manufacturing, People, Production/Sales News

Self-driving car companies’ first step to making money isn’t robotaxis

While governments may be wary of driverless cars, people want to buy the technology and companies want to cash in. Go to Source

Published June 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, Mobility, People

GM slashes prices of Chevy Bolt electric vehicles despite rising commodity costs

GM cut the price of the Bolt EV by $5,900 compared with the 2022 model year, with a starting price of $26,595. Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, GM

Ford CEO expects to see industry consolidation as the costs of transition to electric vehicles rise

Jim Farley said the massive amounts of capital needed to invest in EV technologies will force smaller companies to be acquired. Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Ford, M and A, People, Production/Sales News

Elon Musk tells Tesla workers to return to the office full time or resign

Tesla CEO Elon Musk said on Twitter: ‘They should pretend to work somewhere else.’ Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

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