The Latest Breaking News from Tesla Inc.

Tesla pauses hiring, Musk says need to cut staff by 10%: Reuters

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

Tribune News Service · Jun 3, 2022

Elon Musk has ‘super bad feeling’ about economy and wants to cut 10% of Tesla jobs

Tesla has struggled to restart production at its Shanghai factory after Covid restrictions

The Independent UK · Jun 3, 2022

Tesla Model Y Review: Do Low Ownership Costs Make It A Good Buy?

Despite its high price, folks are flocking to the Model Y, perhaps even more than the cheaper Model 3. Here's what it may cost you per year to own a Model Y.

InsideEVs · Jun 3, 2022

Morning Brief: Top Financial Stories Dominating on Friday, June 3

CNBC

Benzinga · Jun 3, 2022

‘Employee-driven revolution’: Workers reluctant to head back to the office

City offices are slowly refilling after the Omicron outbreak forced workers to stay at home. But only a few employees want a full-time return.

The New Daily · Jun 3, 2022

US has over 750 complaints that Teslas brake for no reason

More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially automated driving systems have suddenly stopped on roadways for no apparent reason

The Independent UK · Jun 3, 2022

Could A Tesla Stock Split Help Lead Wall Street's Recovery?

Tesla’s recently announced plans for an upcoming stock split could lead the tech and auto sectors back to a bull market in time, according to The Motley Fool.

InsideEVs · Jun 3, 2022

Elon Musk's Return-To-Office Ultimatum Meets Resistance In Germany

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s recent notice to employees that remote working is no longer acceptable and asking them to return to the office full-time or quit has met resistance from Germany’s largest trade union on Thursday, Reuters

Benzinga · Jun 3, 2022

Elon Musk seeks 10% job cuts at Tesla over ‘super bad feeling’ about economy

Email to executives also calls for hiring freeze at electric car maker, which has 100,000 staff worldwide

The Guardian - UK · Jun 3, 2022

Report: Elon Musk says he wants Tesla to cut 10% of jobs, citing a "super bad feeling"

"Note, this does not apply to anyone actually building cars, battery packs or installing solar," Musk said Friday.

Axios · Jun 3, 2022