Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.
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Tag: ev
Consumer Demand For Electric Vehicles Drop
Those in the market for a new ride are rejecting over-priced and over-hyped electric vehicle
Read More Consumer Demand For Electric Vehicles Drop
Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project
Tech titan Apple is reportedly laying off 614 workers after canceling a 10-year project to build a self-driving electric car in its first round of job cuts since the start of COVID-19.
Read More Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project
Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker.
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Ford Delaying Electric SUV, EV Truck Production
Ford Motor has announced the car manufacturer is delaying production of the planned launches of three-row EVs in Canada and its next-generation pickup truck in Tennessee.
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Replacing Gas-Powered Car Models by 2030 & Economic Stress
with Jason Isaac
Read More Replacing Gas-Powered Car Models by 2030 & Economic Stress