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Tag: automaker

Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. REUTERS/Benoit Tessier/File photo

Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows

Elon Musk’s net worth crossed $400 billion, boosted by a nearly 71% surge in the automaker’s shares this year and the soaring valuation of his rocket company SpaceX.

Read More Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo

GM lays off over 1,000 salaried software, services employees

GM said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.

Read More GM lays off over 1,000 salaried software, services employees
A facade of a Stellantis site in Velizy Villacoublay, France, on April 22, 2024. Stellantis is a multinational automotive group. (Photo by Magali Cohen / Hans Lucas / Hans Lucas via AFP) (Photo by MAGALI COHEN/Hans Lucas/AFP via Getty Images)

Stellantis Recalling 1M Vehicles To Fix Rear Camera Issue

Stellantis has announced they are recalling 1.2 million vehicles in the U.S. and Canada to fix a software glitch that can disable the rear view cameras. 

Read More Stellantis Recalling 1M Vehicles To Fix Rear Camera Issue
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. REUTERS/Annegret Hilse/File Photo

Tesla asks which jobs are critical, stoking layoff fears – Bloomberg News

Tesla sent out a single-line query for each job after canceling some employees’ biannual performance reviews.

Read More Tesla asks which jobs are critical, stoking layoff fears – Bloomberg News
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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