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Tesla profits nosedive as more job cuts announced (www.bbc.com)

submitted 6 months ago by AmbiguousProps@lemmy.today to c/technology@lemmy.world

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Tesla has seen its profits more than halve this year, and says it will bring forward the launch of new models after announcing thousands of job cuts to try to reverse its fortunes.

Despite plans to bring forward new models originally planned for next year the firm is cutting its workforce.

Tesla said it would lose 3,332 jobs in California and 2,688 positions in Texas, starting mid-June.

The cuts in Texas represent 12% of Tesla's total workforce of almost 23,000 in the area where its gigafactory and headquarters are located.

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[-] thejml@lemm.ee 15 points 6 months ago

The roadster was the only Tesla I liked, and it’s no coincidence that it was pre-Elon.

[-] mosiacmango@lemm.ee 8 points 6 months ago* (last edited 6 months ago)

It's based on a lotus design, so yeah it's got some great parentage.

[-] Grippler@feddit.dk 6 points 6 months ago

The original roadster is just a lotus Elise with a terrible DIY EV mod thrown in to it.

this post was submitted on 24 Apr 2024

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