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Tesla seeks 'smooth permissions' for local data centres in China, says Elon Musk

Tesla accelerates self-driving system development in China with local data centre plans, potentially boosting revenue amid competition from Chinese rivals.

FILE PHOTO: Tesla CEO Elon Musk and his security detail leave the company’s local office in Washington, U.S. January 27, 2023. REUTERS/Jonathan Ernst/File Photo(REUTERS)
Published on May 17, 2024 01:30 PM IST
Reuters | | Posted by Tuhin Das Mahapatra

Tesla layoffs: Elon Musk's company to cut more than 10% of its global workforce

Tesla layoffs: Elon Musk said that job cuts will take place due to “duplication of roles and job functions in certain areas”.

Tesla layoffs: Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China.(Reuters)
Updated on Apr 16, 2024 07:15 AM IST

Elon Musk overcommitted, hurting EV maker Tesla, say investors

The 17 shareholders, who hold more than $1.5 billion of Tesla stock, said Musk is distracted by his commitments to other companies.

Tesla Inc CEO Elon Musk. (Reuters)
Published on Apr 21, 2023 05:20 PM IST
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