Tesla is reportedly gutting its EV charging team, laying off around 500 employees.The news sent shockwaves through the industry, with one supplier calling it a "kick in the pants."Tesla dominates EV charging in the US, with many of its rivals switching to its charging network. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on th ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGoogle workers who were fired for protesting against the company's cloud contract with the Israeli government filed a complaint with the National Labor Relations Board on Monday.An attorney for th ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewShortly after news broke that Tesla would be laying off another round of employees, including the team behind the company's Supercharging network, CEO Elon Musk took to social media to reassure ow ...

Amazon said it delivered to its Prime members faster than ever in the first quarter of 2024.Its drivers delivered over 2 billion items "the same or next day" in Q1, the company reported.The e-commerce giant reported quarterly earnings that beat Wall Street's expectations on Tuesday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're ...

Tesla finally has to deal with the EV slowdown.The EV company can't rely on hybrids and gas cars like competitors.Musk blamed industry prioritization of hybrids for poor Q1 performance. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Priva ...

Walmart will shut down the health clinics it has at 51 stores across five states.The retailer cited a "challenging reimbursement environment and escalating operating costs."The move reverses recent plans to double the number of of clinics at its retail stores. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ad ...

Tesla will soon roll out updates to improve the Cybertruck's camping and off-roading capabilities.The updates include the Off-Road Mode and a new feature for leveling suspension in CyberTent Mode.On-road updates include a slippery surface feature and adjustable suspension based on weight. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while ...

Amazon reports first-quarter earnings on Tuesday.Investors will be looking for updates on the company's cloud-computing business, as well as plans for AI.The company's stock is up 19% in 2024 so far, more than double the S&P 500. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up ...

The layoffs at Tesla aren't over yet, says Tesla CEO Elon Musk.On Monday, he announced the departure of two senior executives and the axing of their divisions.Tesla, Musk said, needs to be "absolutely hard core about headcount and cost reduction." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By ...

A Mexico Gigafactory could help boost Tesla's profit margins, but plans to build it are slow going.Manufacturing in Mexico is still important if Tesla wants to keep costs down.This article is part of "The Future of Supply-Chain Management," a series on companies' manufacturing and distribution strategies. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a persona ...