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Tesla lays off more than 10% of its workforce

Tesla lays off more than 10% of its workforce

Tesla will lay off more than 10% of its global electric vehicle workforce. In a memo, first reported by news website Electrek, billionaire owner Elon Musk told staff there was nothing he hated more, "but

Technology
Twitter boss Elon Musk reclaims title of world’s richest person

Twitter boss Elon Musk reclaims title of world’s richest person

Elon Musk has reclaimed his title as the world’s richest person, knocking the boss of luxury goods giant LMVH, Bernard Arnault, off the top spot. His net worth has soared by $55.3bn (£44.44bn) since January

Technology
Elon Musk found not guilty of fraud over Tesla tweet

Elon Musk found not guilty of fraud over Tesla tweet

Tesla founder Elon Musk has been cleared of wrongdoing for a tweet in which he said he had “funding secured” to take the electric carmaker private. Mr Musk faced a class-action lawsuit filed on behalf

Business
Tesla says it delivered record 1.3m vehicles in 2022

Tesla says it delivered record 1.3m vehicles in 2022

Electric car maker Tesla said it delivered a record 1.3 million vehicles last year, 40% more than in 2021. But the firm, led by billionaire Elon Musk, fell short of Wall Street sales forecasts for