Author: Business Insider

On Tuesday, Tesla CEO Elon Musk sent an email to staff announcing that the company would fire about 9% of employees, with the first round of layoffs beginning this week. As Business Insider’s Mark Matousek reported, the email was leaked to media outlets, after which Musk posted it to Twitter. In the email, Musk wrote,… Continue reading Elon Musk’s internal email about laying off 9% of Tesla staff was the right thing to do in a hard situation

A former Tesla safety director alleges that he was fired for raising concerns about workplace safety conditions and misreported workplace injuries, Jalopnik first reported. The former employee, Carlos Ramirez, filed a lawsuit against the company on Wednesday. In the lawsuit, he alleges that he became aware of chemical fires, improperly placed parts and equipment, failures… Continue reading A former Tesla safety director claims he was fired after he raised concerns about unreported workplace injuries (TSLA)

Uber CEO Dara Khosrowshahi is telling company leaders to say they “have the D” in meetings, according to a memo obtained by Business Insider. As Business Insider’s Becky Peterson reported, Khosrowshahi wrote in the memo: “You may hear me say in meetings ‘[insert name] has the D here.’ This is about being clear on who… Continue reading Uber’s CEO is telling leaders to say they ‘have the D’ — which is an established managerial technique championed by Harvard

It’s Berlin on Tuesday afternoon, and Dara Khosrowshahi strolls through the Brandenburg Gate in amazement despite his jetlag: “What a history!” The new CEO of Uber (which has a valuation of 72 billion Euros) is the star guest at the tech conference NOAH. Uber can be found all over the world (3 million drivers), but… Continue reading ‘I want us to be the Amazon of mobility’: Uber CEO Dara Khosrowshahi talks global expansion, changing behavior, and flying taxis

Elon Musk revealed new details about Tesla’s upcoming vehicles, including the Model Y, Roadster, and the Semi. Musk said that all three vehicles are slated to go into production in 2020 and that both the Semi and the Roadster will feature improvements from what was revealed last year. Specifically, Musk said that the range and… Continue reading Elon Musk reveals new details about Tesla’s upcoming Model Y SUV, the Roadster, and the Semi

Tesla is wasting a jaw-dropping amount of raw material and cash to make the Model 3. According to internal documents viewed by Business Insider, the company expects that as much as 40% of the raw materials used to produce batteries and driving units manufactured at Tesla’s Nevada Gigafactory need to be scrapped or reworked by… Continue reading Internal documents reveal Tesla is blowing through an insane amount of raw material and cash to make Model 3s, and production is still a nightmare (TSLA)

Apple and Volkswagen are officially in the car business together. That’s according to a multiple news reports published on Wednesday night, which outline some details of Apple’s plan to turn some Volkswagen passenger vans into self-driving vehicles. Apple will equip the German automaker’s T6 Transporter van with its own self-driving technology and use a fleet… Continue reading Apple teams up with Volkswagen to make a fleet of self-driving passenger vans (AAPL)

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets has not slowed its business. Uber Technologies Inc also reported a one-time gain of $2.5 billion, income that came… Continue reading Uber saw strong revenue growth in Q1 as it moved past a controversy-filled year

Tesla has confirmed that the Model S which crashed into a fire department vehicle in Utah on Friday had Autopilot engaged at the time of the collision, according to a report from the South Jordan Police Department. The South Jordan Police Department released the report, which provides new details about the events that led to… Continue reading Tesla’s data confirms Model S that crashed into fire truck had Autopilot engaged (TSLA)