Reuters Twitter tells employees there are no plans for layoffs Twitter General Counsel Sean Edgett emailed employees on Thursday saying the company does not plan layoffs, according to a source who viewed the email. The Washington Post reported earlier on Thursday that Elon Musk told prospective investors in his deal to buy Twitter that he… Continue reading Why Rivian, Nio, and Other EV Maker Stocks Rose Today
Tag: Tesla
Tesla Stock Vs. BYD Stock: TSLA Skids On Earnings; ‘Real Challenger’ Sees Soaring Profit
The Wall Street Journal Tesla Stock Price Declines After Soft Outlook Shares of Tesla fell Thursday after the electric-vehicle maker [cut its full-year growth expectations.](https://www.wsj.com/articles/tesla-tsla-q3-earnings-report-2022-11666139620?mod=hp_lead_pos1) The shares were recently down about 7%. On Wednesday afternoon, the company released its third-quarter results, reporting nearly $3.3 billion in profit on $21.5 billion of revenue. That revenue marked… Continue reading Tesla Stock Vs. BYD Stock: TSLA Skids On Earnings; ‘Real Challenger’ Sees Soaring Profit
Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the analysis. By Paul Lienert The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw… Continue reading Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005455
Der Porsche AG geht es gut. Der jüngst erfolgte Börsengang ist gelungen, nach einem durchwachsenen ersten Halbjahr befindet sich der Sportwagenbauer geschäftlich wieder im Aufwärtstrend. Porsche geht es sogar so gut, dass die Beschäftigten bis zu 3000 Euro Prämie im Nachgang des IPO erhalten sollen. Und auch für Investitionen ist Geld da: Die Zuffenhausener weiten… Continue reading German Handelsblatt: Electromobility: Race for the best car battery: Porsche is building the “smallest gigafactory in the world”005455
Tesla’s infrastructure is growing at record pace, just not as fast as deliveries
Tesla’s infrastructure is growing at a new record pace with more stores and service centers added in the last quarter than ever, but it’s still not growing as fast as its deliveries. The phrase “victim of its own success” is something that you can often apply to Tesla, especially when it comes to service. The… Continue reading Tesla’s infrastructure is growing at record pace, just not as fast as deliveries
Tesla adds Quicksilver and Midnight Cherry Red colors to Giga Berlin lineup
Tesla has added two new paint colors, Quicksilver and Midnight Cherry Red, to their Giga Berlin paint lines. The new colors are available now – but only for European and Middle Eastern customers. The colors are a slick-looking medium silver and a deep red metallic color. They replace the former Midnight Silver Metallic (which is… Continue reading Tesla adds Quicksilver and Midnight Cherry Red colors to Giga Berlin lineup
German Manager Magazin: Twitter: Elon Musk apparently wants to massively cut jobs at the short message service after the takeover002092
The deal isn’t finalized yet, but planning is in progress Elon Musk after taking over Twitter apparently a massive job cut. He said to potential investors that he would reduce the number of employees from 7,500 to around 2,000, the company writes “Washington Post” . That would be about 75 percent of the employees of… Continue reading German Manager Magazin: Twitter: Elon Musk apparently wants to massively cut jobs at the short message service after the takeover002092
US weighs security reviews for Musk’s Twitter, Starlink deals
Biden Administration officials are discussing whether the United States should subject some of Elon Musk’s ventures to national review including the deal for Twitter Inc and SpaceX’s Starlink satellite network, Bloomberg News reported on Thursday, citing people familiar with the matter. The SpaceX chief in recent times has taken to Twitter to announce proposals to… Continue reading US weighs security reviews for Musk’s Twitter, Starlink deals
Twitter denies reports about huge layoffs post-takeover
Twitter Inc on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by billionaire Elon Musk, after a media outlet reported that Musk is considering layoffs at the company. Twitter General Counsel Sean Edgett emailed employees on Thursday saying the company does not plan… Continue reading Twitter denies reports about huge layoffs post-takeover
Clean Technica: Elon Musk’s Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It?002329
The narrative surrounding Tesla’s recent third quarter earnings mostly centered on demand, as the automaker missed expectations for vehicle deliveries. After all, “the company has navigated production hiccups and ongoing supply-chain challenges,” reports the Wall Street Journal. Digging deeper though, WSJ confesses, “Mr. Musk’s on-again, off-again pursuit of Twitter Inc. also has weighed on the car… Continue reading Clean Technica: Elon Musk’s Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It?002329