Tesla has been struggling with the low demand for its electric vehicles (EVs), as evidenced by its first quarter 2024 earnings report. During this period, the EV company produced 433,371 vehicles with a 1.69% YoY decline and delivered 386,810...
When layoffs in tech companies peaked in 2023, industry analysts attributed this surge to excessive hiring during the Covid-19 pandemic era of 2021 and 2022, and strategic business segment closures. As we move into 2024, the trend of workforce...
Tesla has officially disclosed that a data breach uncovered in May had a more significant impact than initially reported, affecting over 75,700 individuals. The breach, caused by former employees who inappropriately shared confidential data with German media outlet Handelsblatt,...
Elon Musk-owned Tesla's long-awaited plan for India's debut appears to be gaining momentum after a considerable delay. The company is reportedly planning to establish a massive factory in India, capable of producing 500,000 electric vehicle (EV) units annually. According...
In the ever-evolving world of electric vehicles, Elon Musk-owned Tesla, Inc. (NASDAQ: TSLA) has established itself as a formidable force and continues to amaze both investors and industry analysts. The second quarter of 2023 proved to be no exception,...
The Covid-19 pandemic has unlocked a world of mind-boggling opportunities in India, captivating both businesses and job seekers. Amidst this transformative landscape, the electronic import-export industry has undergone a revolutionary change, with India now reigning as the global hotspot...
The demand for electric vehicles (EVs) has been increasing at a rapid pace worldwide. Companies are leaving no stone unturned to gain a sizable share of the EV market. Interestingly, global EV sales hit an all-time high of 10.2...
Last week, Facebook laid off an estimated 60 contract workers who were left stunned by learning that they were selected randomly by an algorithm. While the move clearly shows that companies are now trusting in data-driven decisions more than...
While the world debates the future of work, large organizations that were advocating complete remote work until last year, have started taking U-turns one after another. After Tesla, Apple set a deadline for employees.
According to internal emails that The...
The Tesla Cybertruck, that made Elon Musk embarrassed at the unveiling event, is back in the news again. And, it's highly disappointing.
Elon Musk, chief of Tesla Inc. (NASDAQ: TSLA), is famous for his unpredictive nature and style of...
