Tesla started Friday to furlough its sales and delivery workforce — with the least experienced employees bearing the brunt of the action — days after a companywide email announced salary cuts and reductions due to the COVID-19 pandemic. Several employees, who work in sales and delivery and spoke to TechCrunch on condition of anonymity, reported … Continue reading Tesla’s furlough calls begin with delivery and sales taking a hit
Tesla
“Anyone relying on LIDAR is doomed,” Elon Musk says
Today at Tesla’s first Autonomy Day event, Elon Musk took questions from the press but didn’t have time for questions about Lidar. Historically, he’s been vocal about the technology, and this time he put it as clear as he could. “LIDAR is a fool’s errand,” Elon Musk said. “Anyone relying on LIDAR is doomed. Doomed! … Continue reading “Anyone relying on LIDAR is doomed,” Elon Musk says
Tesla vaunts creation of ‘the best chip in the world’ for self-driving
At its “Autonomy Day” today, Tesla detailed the new custom chip that will be running the self-driving software in its vehicles. Elon Musk rather peremptorily called it “the best chip in the world…objectively.” That might be a stretch, but it certainly should get the job done. Called for now the “full self-driving computer,” or FSD … Continue reading Tesla vaunts creation of ‘the best chip in the world’ for self-driving
The risk of thinking of your job as a higher calling
In a memo announcing that Tesla will lay off 3,000 workers, or 7% of its employees, CEO Elon Musk outlined his reasoning, explaining the mounting financial pressures the company faces in its quest to build an affordable electric car. The memo also included a noteworthy emotional appeal. Musk essentially asked employees— those who have already … Continue reading The risk of thinking of your job as a higher calling
Elon Musk confirms his bid to take Tesla private, backed by Saudi Arabia’s sovereign wealth fund
Yesterday I speculated that Elon Musk’s hints that he wanted to take Tesla private with Saudi Arabia’s sovereign wealth fund backing it might not be as far-fetched as people think. Today Musk has published a statement claiming that he has been talking to the Saudi Arabian sovereign wealth fund (known in the country as the … Continue reading Elon Musk confirms his bid to take Tesla private, backed by Saudi Arabia’s sovereign wealth fund
Tesla’s Elon Musk May Have Boldest Pay Plan in Corporate History
For the last several years, there has been speculation about Elon Musk’s future at Tesla, and whether he would step down as chief executive in the next year or two. Mr. Musk stoked that speculation as far back as five years ago when he said he wanted to stay through the introduction of the Model … Continue reading Tesla’s Elon Musk May Have Boldest Pay Plan in Corporate History
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