Tesla shares fell by more than 5% amid the announcement of the closure of two divisions of the automaker
Kyiv • UNN
Tesla shares fell by 5.5% amid the announcement of hundreds of layoffs, including the closure of two divisions and the departure of two senior executives.
Tesla shares fell by 5.5% the day before, while Elon Musk announced hundreds of layoffs, including two senior executives, UNN reports citing Business Insider and Le Courrier.
Details
Tesla shares fell 5.5% on Tuesday amid reports of hundreds of layoffs
It is indicated that the company's CEO Elon Musk has announced the closure of two divisions of the automaker and the layoff of 500 employees. Elon Musk sent an email to the company's executives on Monday evening, in which he said that Rebecca Tinucci, Senior Director of Electric Vehicle Charging, would leave the company. Daniel Ho, director of automotive programs and new product development initiatives, also resigned along with all employees.
For reference
According to the latest annual report, Tesla employed about 140,000 people at the end of December. The manufacturer has recently signed agreements with competitors so that their electric vehicles can use Tesla's network of superchargers (more powerful ones), which are much more advanced than their own.
On April 23, the company announced that its net profit in the first quarter fell by 55% amid increased competition and a weak market.
Recall
Elon Musk's short visit to China immediately paid dividends: Tesla has overcome two key obstacles to the introduction of its driver assistance system in the world's largest automotive market.
SpaceX has launched 23 Starlink satellites into low Earth orbit from Cape Canaveral on a Falcon 9 rocket, the 29th targeted launch of Starlink satellites in 2024.
Tesla shares fell by more than 5% amid the announcement of the closure of two divisions of the automaker
More than 17 thousand individuals and legal entities are already in the state sanctions register
Russians shelled Kalynove village in Donetsk region: one dead and one wounded
monobank suffered a malfunction - Gorokhovsky
Writer Stanislav Aseyev was injured at the front
Attack on Ryazan refinery: primary oil processing unit burns down
Ukraine sets a record for the most massive Easter egg painting
Ex-Armed Forces official exposed on illicit enrichment is served another suspicion
"After Easter": Yevlash says Air Force does not set deadlines for F-16 delivery to Ukraine
"Mezhyhiria is being returned to the state, the first stage of the inspection of the park's property has begun
Popular
Callas: Putin is trying to use the threat of mass migration as a weapon
russia attacks residential areas in Kherson region: 2 dead and 2 wounded
Russian drone shot down over Odesa, no casualties
Air defense works on enemy drone in Odesa and Mykolaiv regions
1,210 russian servicemen were killed over the day
Publications
Attempt on the Prime Minister of Slovakia: xenophobia and the Russian trace
The law on strengthening mobilization: what will change after May 18 for those liable for military service
The Housing Capital case: where did the billions go?
Only debtors see the Russian footprint: how the label of cooperation with russia is used in business wars
Criminal case opened against acting deputy head of the State Tax Service Sokur for obstructing the supply of fuel to the army
Tesla shares fell by more than 5% amid the announcement of the closure of two divisions of the automaker
Tesla shares fell by 5. 5% amid the announcement of hundreds of layoffs, including the closure of two divisions and the departure of two senior executives.
More than 17 thousand individuals and legal entities are already in the state sanctions register
The State Register of Sanctions contains data on 10,085 individuals and 7,125 legal entities subject to Ukraine's restrictive measures.
Russians shelled Kalynove village in Donetsk region: one dead and one wounded
Russian shelling of Kalynove village in Donetsk region killed one person and wounded two others.
monobank suffered a malfunction - Gorokhovsky
Mobile bank monobank suffered an outage on Wednesday, with co-founder Oleg Gorokhovsky apologizing for the inconvenience and saying they are working to resolve the problem.
Writer Stanislav Aseyev was injured at the front
Writer Stanislav Aseyev was wounded during the fighting at the front near the village of Ocheretyne and hospitalized.
Attack on Ryazan refinery: primary oil processing unit burns down
A primary oil refinery caught fire after a drone attack by the Main Intelligence Directorate of the Ukrainian Defense Ministry on an oil refinery in Ryazan, Russia.
Ukraine sets a record for the most massive Easter egg painting
The record for the largest mass painting of 800 Easter eggs by craftsmen from different regions of Ukraine was set at the All-Ukrainian Festival of Easter Eggs in the UNIT. CITY innovation park.
Ex-Armed Forces official exposed on illicit enrichment is served another suspicion
The former head of the Central Food Supply Department of the Logistics Forces Command of the Armed Forces of Ukraine was served a notice of suspicion for declaring false information in his annual declaration, in which he indicated that he had more than UAH 2 million in cash, despite the fact that he did not have the financial means to accumulate such funds.
"After Easter": Yevlash says Air Force does not set deadlines for F-16 delivery to Ukraine
Ukrainian Air Force spokesman Ilya Yevlash said that F-16 fighters will start operating in Ukraine “after Easter” but did not specify the exact date, as it has changed several times.
"Mezhyhiria is being returned to the state, the first stage of the inspection of the park's property has begun
The Mezhyhiria National Monument is being returned to state management, and an interdepartmental commission is currently conducting the first stage of inspection and transfer of the seized property located in the park.