Tesla Inc.’s job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto market.
New layoffs hit Tesla’s China operations amidst fierce competition. Tom Zhu’s return signals strategic shift in Tesla’s China business. Loading... Loading ...
As EV sales surge in China, BYD’s workforce has expanded rapidly, adding nearly 500,000 employees since 2019. BYD’s workforce ...
Tesla Inc. workers are living in fear of the “Dear Employee” layoff email.Most Read from BloombergHims Debuts $199 ...
Tesla shares extended their recent run of declines Thursday, pulling the stock closer to the lowest levels since late April, as headline risks for the world's leading electric-vehicle maker ...
Autonomous driving is currently not a priority for Chinese EV buyers, so Tesla’s FSD is unlikely to shake up the industry because local rivals have started to offer similar technologies ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise ...
Additional layoffs began earlier this week, extending cuts in mid-April that were part of the electric vehicle maker’s pledge to slash global headcount by more than 10 per cent, said the people ...
(Bloomberg) — Tesla Inc.’s job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto ...