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Tesla CEO Elon Musk

Tesla Cutting 10% of Workforce Globally, Implementing Other Changes

Tesla Cutting 10% of Workforce Globally, Implementing Other Changes

Tesla CEO Elon Musk is reacting to the EV maker’s sluggish sales by cutting 10% of the company’s global workforce, according to reports. Additionally, he’s making other personnel changes aimed at reducing overhead. The move comes 10 days after he slashed prices on vehicles to stimulate sales. Find out more at Headlight.News.

Tesla Stock Again in Freefall; How Low Will it Go?

Tesla Stock Again in Freefall; How Low Will it Go?

Betting on the stock market isn’t for the fainthearted. But it takes an iron constitution to buy in on Tesla. True, those who’ve hung with the automaker since its early days have been well rewarded. But recent years have taken investors on a rollercoaster ride. And nowhere has it been more apparent than over the past few months. After nearing a 52-week late last year, Tesla shares have been in decline. And that’s now showing signs of turning into a full-on rout, even some long-term Tesla bulls getting worried.

Tesla Drops Mileage Estimates as Complaints Mount, Justice Department Opens Probe

Tesla Drops Mileage Estimates as Complaints Mount, Justice Department Opens Probe

Tesla has come under fire for posting what some critics claim to be wildly optimistic range numbers for its battery-electric vehicles. Now, as the Department of Justice begins looking into potentially inflated claims, the automaker has lowered the estimates on at least some versions of three of its five models.

Tesla Recalls 2 Million Vehicles Over Autopilot Safety Concerns

Tesla Recalls 2 Million Vehicles Over Autopilot Safety Concerns

Tesla will recall 2 million EVs sold in the U.S. to make significant updates to its Autopilot system. As Headlight.News reported Tuesday, the semi-autonomous technology has come under fire because, among other things, it can be used on roads for which it was not designed. That has been linked to numerous fatal crashes. But Tesla put a positive spin on the issue, CEO Elon Musk claiming the recall is part of a “moral obligation” to ensure the safety of its vehicles.

After Repeated Delays, Tesla Finally Hands Over Keys for First Cybertruck

After Repeated Delays, Tesla Finally Hands Over Keys for First Cybertruck

Almost precisely four years after unveiling its first electric pickup, and after a long series of delays, Tesla finally delivered the first Cybertruck to customers at its Texas assembly plant on Thursday afternoon. The question is whether the all-electric pickup will live up to the hype it has received –considering it falls well short of its original range target while prices are 50% higher than what was promised in 2019. Even the automaker’s CEO Elon Musk isn’t as confident as normal.