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Las Vegas Tesla service center under attack with Molotovs and gunfire. FBI investigates potential terrorism. Vehicles damaged, but no injuries reported.

Tesla Facility Attacked: Molotovs 

A Tesla service center in Las Vegas was attacked with Molotov cocktails and gunfire. The FBI is investigating the incident as possible terrorism. While several vehicles were damaged, there were no injuries. Investigations continue.

Tesla service center attacked with Molotovs and gunfire

A Tesla Las Vegas service center experienced Molotov cocktail and gunfire attacks with no injuries. The incident, involving five damaged vehicles and the word 'resist' on doors, is being treated as terrorism. The FBI and police continue investigations.

In a concerning escalation of violence, multiple Tesla vehicles were set ablaze and shot at during an overnight attack at a Las Vegas service center, as reported by CNN.
This incident, which took place at the Tesla Collision Center, resulted in damage to at least five vehicles, with two fully engulfed in flames. The FBI is currently investigating, noting that the attack exhibits "some of the hallmarks" of terrorism.
Authorities revealed that the suspect employed Molotov cocktails and fired gunshots at the vehicles.
Additionally, the word "resist" was spray-painted on the front doors of the facility. The FBI's Joint Terrorism Task Force is collaborating with the Las Vegas Metropolitan Police Department to identify those responsible for the attack.
In a Tuesday news conference, Assistant Sheriff Dori Koren of the Las Vegas Metropolitan Police Department stated, "This was a targeted attack against a Tesla facility. Officers discovered several vehicles on fire, as well as the word &lsquo;Resist' spray-painted on the front doors of the business."
Surveillance footage from the scene shows vehicles erupting in flames as a suspect dressed in black moves between the cars, occasionally reaching into a bag.
Fortunately, no injuries were reported, and the fire department managed to extinguish the fires before they reached the vehicles' batteries.
Tesla CEO Elon Musk condemned the attack, describing it as "terrorism" and denouncing the level of violence as "insane and deeply wrong."
In a statement, he asserted, "Tesla just makes electric cars and has done nothing to deserve these evil attacks."
This incident aligns with a troubling trend of assaults on Tesla facilities and vehicles across the United States, including instances of vandalism, graffiti, and shootings.
President Trump has condemned the spate of attacks, advocating for them to be classified as domestic terrorism.
US Attorney-General Pamela Bondi has similarly denounced the recent attacks on Tesla properties, characterizing them as "nothing short of domestic terrorism." She emphasized the severity of the situation, stating, "We will continue investigations that impose severe consequences on those involved in these attacks, including those operating behind the scenes to coordinate and fund these crimes."
The investigation remains active as authorities strive to bring those accountable to justice.

Tesla Inc. begins its hiring process in India with job openings in the Mumbai Metropolitan Region, signaling its long-awaited entry into the domestic market.

Tesla starts hiring in India, signaling entry into market

Following a key meeting between CEO Elon Musk and Prime Minister Modi, the move reflects Tesla&rsquo;s plans to expand its operations, aligning with India&rsquo;s push for electric vehicles and local manufacturing.

Tesla Inc., owned by Elon Musk, has officially begun its hiring process in India, marking a major step toward its long-awaited entry into the domestic market.
On Monday, Tesla posted a job opening on LinkedIn for the position of Consumer Engagement Manager in the Mumbai Metropolitan Region. The role is a full-time, on-site position, emphasizing the company&rsquo;s intention to establish a direct presence in India.
<a href="https://www.linkedin.com/jobs/view/4155877322/">https://www.linkedin.com/jobs/view/4155877322/</a>
This hiring initiative is part of Tesla&rsquo;s broader strategy to expand its operations in India. The company has recently posted a total of 13 job listings, covering both customer-facing and operational roles.
The move follows an important meeting between Tesla CEO Elon Musk and Prime Minister Narendra Modi on February 14 in Washington DC.
The discussions focused on enhancing India-US cooperation in innovation, space exploration, artificial intelligence, and sustainable development. Both leaders also explored opportunities in emerging technologies, entrepreneurship, and governance&mdash;all areas that align with Tesla&rsquo;s vision for India.
Tesla, a global leader in electric mobility and renewable energy, has had a limited presence in India. However, the company has been considering expansion for several years, and these recent job postings indicate a concrete push to establish a presence in the world&rsquo;s third-largest automobile market.
Industry experts speculate that Tesla&rsquo;s hiring surge could be a precursor to the company setting up sales, service operations, and eventually manufacturing in India.
The move also aligns with India&rsquo;s push to adopt electric vehicles and local manufacturing, backed by incentives under the Production-Linked Incentive (PLI) scheme.
Although Tesla has not officially announced a timeline for its India launch, the hiring activity indicates that the company&rsquo;s preparations are progressing swiftly.
In December, Musk disclosed that Starlink&rsquo;s satellite internet services were no longer operational in India due to the confiscation of two devices by authorities&mdash;one from a conflict zone and the other from an area linked to drug smuggling.
Musk has also been advocating for the reduction of tariffs on Tesla electric vehicles, expressing a willingness to export affordable EV models to India, contingent on lower import duties.

A Tesla Cybertruck exploded outside the Trump International Hotel in Las Vegas, killing one person and injuring seven others. Authorities are investigating potential terrorism links to the explosion.

Tesla Cybertruck Explosion Outside Trump Hotel: One Dead, Seven Injured

Video footage shows the stainless steel truck parked at the hotel entrance before bursting into flames, followed by smaller explosions that appeared similar to fireworks.

A Tesla Cybertruck exploded outside a hotel belonging to US President-elect Donald Trump in Las Vegas, killing at least one person and wounding seven, police said Wednesday.
US President Joe Biden said authorities were investigating any links between the Las Vegas explosion and an attack earlier Wednesday in New Orleans, where a truck plowed into a crowd of New Year's revelers, killing at least 15.
However, Biden cautioned that no such links had yet been found. The FBI and local law enforcement said they believed the Tesla blast was an isolated incident, but they were investigating whether it was an "act of terrorism."
&nbsp;
&nbsp;
<blockquote class="twitter-tweet">
New footage shows the Tesla Cybertruck exploding at the entrance of the Trump Hotel in Las Vegas. WATCH <a href="https://t.co/GAnY4DATYp">pic.twitter.com/GAnY4DATYp</a>
&mdash; Republicans against Trump (@RpsAgainstTrump) <a href="https://twitter.com/RpsAgainstTrump/status/1874541084153614339?ref_src=twsrc%5Etfw">January 1, 2025</a></blockquote>
&nbsp;
&nbsp;
&nbsp;
The electric vehicle -- made by the company owned by Trump backer Elon Musk -- pulled up to the Trump International Hotel's glass entrance before a "large explosion," Las Vegas Sheriff Kevin McMahill told reporters.
Video footage shows the stainless steel truck parked at the hotel entrance before bursting into flames, followed by smaller explosions that appeared similar to fireworks.
McMahill said there was "one deceased individual inside the Cybertruck," while seven people received "minor" injuries. He said the hotel had been evacuated.
He told a later news conference that the back of the truck contained gasoline and camping fuel canisters, as well as "large firework mortars."
McMahill also said the fact that it was a Cybertruck "really limited the damage... because it had most of the blast go up through the truck and out," noting that the glass doors of the hotel, just a few feet away, "were not even broken by that blast."
Biden said authorities were probing "any possible connection with the attack in New Orleans."
"Thus far, there's nothing to report on that score," he said.
FBI agent Jeremy Schwartz described the Las Vegas blast as "an isolated incident."
He said that an FBI joint terrorism task force was conducting the investigation with two main goals -- to confirm the identity of the "subject involved in this incident" and to determine "whether this was an act of terrorism or not."
&nbsp;
- Concerns over Trump-Musk link -
There had been indications that the suspect in the New Orleans attack had been inspired by the Islamic State group, Biden said.
McMahill said they had "no indication" so far that the blast in Las Vegas had any similar links to the jihadist group.
However, he added: "It's a Tesla truck, and we know Elon Musk is working with President-elect Trump, and it's the Trump tower."
"So there's obviously things to be concerned about there and that's something we continue to look at," McMahill said.
Musk, who backed Trump in the November election and was named by the Republican to head up a commission to trim government spending, said in a post on his social media platform X that the explosion was "unrelated to the vehicle itself."
He said earlier the "whole Tesla senior team" was investigating the blast, adding: "We've never seen anything like this."
The truck had been rented in Colorado through the carsharing company Turo, police said -- the same app that was used to rent the vehicle in the New Orleans attack.
McMahill said that was a "coincidence... that we have to continue to look in to."
A spokesperson for the app, used by millions of people in the United States, said they were working with law enforcement, but that neither renter "had a criminal background that would have identified them as a security threat."

Elon Musk's net worth soared to $447B, marking him as the first to exceed $400B. Key factors included SpaceX's massive valuation and Tesla's robust stock performance, cementing Musk as a leading financial and innovative force.

Elon Musk Net Worth Surges to $447 Billion

Elon Musk's fortune is $140 billion ahead of Jeff Bezos, the second-richest person on the Bloomberg Billionaires Index.

Elon Musk, the CEO of Tesla and founder of SpaceX, has become the first individual in history to amass a net worth of $400 billion, according to the Bloomberg Billionaires Index.
A recent share sale at SpaceX played a key role in this milestone, contributing roughly $50 billion to Musk&rsquo;s wealth and boosting SpaceX&rsquo;s valuation to $350 billion, making it the world&rsquo;s most valuable private company. This increase, combined with a surge in Tesla&rsquo;s stock price, pushed Musk&rsquo;s net worth to $447 billion.
Tesla shares hit an all-time high of $415, driven by investor optimism about the company&rsquo;s future in electric vehicles and clean energy. Musk&rsquo;s fortune has also been buoyed by broader market trends, particularly following the election of President-elect Donald Trump, with Tesla shares climbing 65% since his victory. Investors have been hopeful about regulatory changes under the new administration that could benefit Tesla, including potential updates to self-driving car regulations and tax policies.
In addition to SpaceX and Tesla, Musk&rsquo;s artificial intelligence company, xAI, has seen its valuation double to $50 billion since its May funding round, as the company works on developing advanced AI technologies.
While Musk&rsquo;s financial successes are unprecedented, he has encountered some setbacks. A Delaware court recently struck down his $100 billion Tesla pay package, a rare legal challenge. Nevertheless, this ruling is unlikely to affect Musk&rsquo;s standing as the world's wealthiest person.
As of December 10, Musk's fortune is $140 billion ahead of Jeff Bezos, the second-richest person on the Bloomberg Billionaires Index. Since early November, Musk has added about $136 billion to his wealth, cementing his position at the top of the global billionaire rankings.

Elon Musk's Tesla has reportedly resumed its search for showroom space in New Delhi, signaling a potential rethink of its entry into the Indian market.

Tesla's New Showroom Plans in India

Tesla, which had paused its search in recent months, is now in early talks with India&rsquo;s biggest property developer, DLF, to secure space in the capital region.

Elon Musk's Tesla has resumed its search for showroom space in New Delhi, signaling a potential rethink of its entry into the Indian market after initially halting investment plans earlier this year. According to news agency Reuters, Tesla, which had paused its search in recent months, is now in early talks with India&rsquo;s biggest property developer, DLF, to secure space in the capital region.
The discussions come after Musk's canceled trip to India in April, where he had been expected to announce a $2-3 billion investment. The visit was called off following Tesla's decision to lay off 10% of its staff due to falling sales. Tesla is reportedly looking for a space of 3,000 to 5,000 square feet for a consumer experience center and a much larger space for delivery and service operations.
While Tesla's search is still in the exploratory phase, the company is considering locations such as DLF&rsquo;s Avenue Mall in southern Delhi and the Cyber Hub in Gurugram. Tesla&rsquo;s potential showroom would be around 8,000 square feet in the Avenue Mall, where other foreign retailers like Uniqlo and Marks and Spencer have outlets.
Tesla is also weighing options around the Indian government&rsquo;s tax policies for electric vehicles (EVs), which could affect its decision to import cars at a 100% tax rate or benefit from a lower 15% tax rate if it commits to local investments. The government is eager to attract automakers like Hyundai and Toyota and is making efforts to relax provisions of its policy to stimulate the EV market, which currently represents about 2% of total car sales in India.
Meanwhile, Musk&rsquo;s Starlink is also considering entering India, following a successful lobbying effort to secure spectrum allocation against competition from billionaire Mukesh Ambani's ventures.

Tesla unveils the Cybercab, a fully autonomous, driverless vehicle without a steering wheel or pedals! Production starts in 2026, with prices below $30K. Elon Musk also revealed a spacious Robovan. The future of travel is here!

Cybercab: Elon Musk Unveils Tesla’s Fully Autonomous Robotaxi

Tesla unveils the Cybercab, a fully autonomous, driverless vehicle without a steering wheel or pedals! Production starts in 2026, with prices below $30K. Elon Musk also revealed a spacious Robovan. The future of travel is here!

Robotaxi &amp; Robovan!
No, we are not talking about some sci-fi concept.
These are prototypes of Tesla&rsquo;s fully autonomous vehicles called Cybercabs, which will have neither steering wheels nor pedals.
The company's CEO, Elon Musk, unveiled these prototypes at an event called "We Robot."
Musk drove onto the stage in a Cybercab prototype and announced that production will begin in 2026.
He added that these vehicles will be available for less than $30,000, which translates to approximately 25 lakh rupees.
Hit the like button if you enjoyed the story. And don't forget to subscribe for more such updates.&nbsp;

A video shows Tesla burst into flames inside a Florida garage. Car flooded with saltwater as
Hurricane Helene wreaked havoc. Video released by officials to warn electric car owners. Fire started from underneath
the electric car. Fire fully engulfed t

Hurricane Helene: Video Shows Tesla Erupting Into Flames in Flooded Florida Garage

A video shows Tesla burst into flames inside a Florida garage. Car flooded with saltwater as
Hurricane Helene wreaked havoc. Video released by officials to warn electric car owners. Fire started from underneath
the electric car. Fire fully engulfed the car in less than a minute.

A video shows Tesla burst into flames inside a Florida garage. Car flooded with saltwater as Hurricane Helene wreaked havoc.

A video shows Tesla burst into flames inside a Florida garage. Car flooded with saltwater as Hurricane Helene wreaked havoc. Video released by officials to warn electric car owners. Fire started from underneath the electric car. Fire fully engulfed the car in less than a minute.

Chechen leader said machine gun-mounted car served in the war zone. Kadyrov praised the truck's maneuverability in war and the safety it provided.&nbsp;

Tesla Remotely Disables Cyber Truck Deployed In Russia-Ukraine War | Chechen Boss Slams Elon Musk

Chechen leader said machine gun-mounted car served in the war zone. Kadyrov praised the truck's maneuverability in war and the safety it provided. 

Chechen leader said machine gun-mounted car served in the war zone. Kadyrov praised the truck's maneuverability in war and the safety it provided.&nbsp;

Months after Chechen boss deployed Cyber truck in war Tesla remotely disabled vehicle, Chechen boss Ramzan Kadyrov hit out at richest man Elon Musk for disabling Cyber Truck. Kadyrov claims Musk acted badly by gifting a costly car &amp; turning it off remotely. Chechen leader also said machine gun-mounted car served in the war zone. Kadyrov praised the truck's maneuverability in war and the safety it provided.&nbsp;
He said, "We had to toe the iron horse from Ukraine war front." Kadyrov had flaunted a modified Cyber truck in August and sent Tesla vehicle to Ukraine front. Kadyrov posted a picture of Tesla vehicle mounted with a machine gun, Kadyrov posted a video driving Tesla, with a bullet-laden belt over his neck.&nbsp;
Video created a stir on how Tesla truck reached Putin's close ally. Kadyrov had also invited Elon Musk to Grozny as a special guest. In a separate video, Chechen forces were seen destroying Musk's Starlink terminal in the war zone

The leader of Russia's Chechen Republic, Ramzan Kadyrov, was seen flaunting a customised Tesla Cyber Truck, equipped with a machine gun. The Vladimir Putin ally said the reinforced truck would be sent to the Russian forces fighting the war in Ukraine.

Chechen Boss Flaunts Tesla Cyber Truck Customised For Russia's War On Ukraine, Thanks Elon Musk

The leader of Russia's Chechen Republic, Ramzan Kadyrov, was seen flaunting a customised Tesla Cyber Truck, equipped with a machine gun. The Vladimir Putin ally said the reinforced truck would be sent to the Russian forces fighting the war in Ukraine.
Calling it one of the best cars in the world, the Chechen boss said the high tech features would be in demand at the North-East Military District zone.


The leader of Russia's Chechen Republic, Ramzan Kadyrov, was seen flaunting a customised Tesla Cyber Truck, equipped with a machine gun. The Vladimir Putin ally said the reinforced truck would be sent to the Russian forces fighting the war in Ukraine.

The leader of Russia's Chechen Republic, Ramzan Kadyrov, was seen flaunting a customised Tesla Cyber Truck, equipped with a machine gun. The Putin ally said the reinforced truck would be sent to the Russian forces fighting the war in Ukraine.
Calling it one of the best cars in the world, the Chechen boss said the high-tech features would be in demand at the North-East Military District zone.
As the Tesla product is currently on sale only in North America, it is not clear how Kadyrov got his hands on the vehicle.
Kadyrov thanked Elon Musk for the truck and praised his genius. He said and I quote ''I express my sincere gratitude to Elon Musk! This is, of course, the strongest genius of our time and a specialist. Great man! &nbsp;Elon, thank you! Come to Grozny, I will receive you as my dearest guest! I don&rsquo;t think the Russian Foreign Ministry will be against such a trip.'
Kadyrov also said he was looking forward to other developments in the car industry that could help Moscow finish the military operation in Ukraine.
&nbsp;

As Tesla is stricken by sales and revenue drop, the electric vehicle maker is driven to reduce its global workforce. The company is planning to let go 316 employees at its Buffalo site in New York this summer

Tesla Layoffs: 316 employees in New York site to be let go amid large scale job cuts

<h2>As Tesla is stricken by sales and revenue drop, the electric vehicle maker is driven to reduce its global workforce. The company is planning to let go 316 employees at its Buffalo site in New York this summer</h2>

Electric Vehicle maker Tesla is planning to lay off 316 employees at its New York site Buffalo, reported USA Today. The global worforce reduction comes amid a drop in the sales and revenue, vehicle recalls and price cutting.
<h3>Layoffs by Tesla</h3>
Tesla in a filing with the New York State Department of Labor indicated that over 300 employees at its Buffalo work site would be laid off this summer. This filing was posted &nbsp;under the WARN Act, a U.S. labor law that requires employers with 100 or more employees to provide 60 days notification in advance of planned closings or mass layoffs to protect workers and their families.
As per the latest WARN notice, a total of 2,025 employees work at the Buffalo plant.&nbsp;
Electric vehicle maker Tesla has been reducing the headcount owing to the drop in sales amid the global uncertainities. Earlier this week, reports of Tesla planning to over 6,700 employees across its various locations, including Texas, California, Nevada, and New York emerged. This layoffs will impact the software, service, and engineering departments.
Tesla last month disclosed that it anticipates incurring over $350 million in costs related to these mass layoffs in the second quarter. The restructuring also led to the departure of several top executives, including Drew Baglino, Rohan Patel, Rebecca Tinucci, and Daniel Ho.
Also Watch: <a href="https://www.editorji.com/business-news/tesla-layoffs-ev-maker-likely-to-further-downsize-6700-jobs-in-software-services-team-likely-to-be-cut-1715086088136">Tesla layoffs: EV maker likely to further downsize, 6700 jobs in software, services team likely to be cut</a>

Amid the restructuring efforts to mitigate the losses incurred due to the drop in sales, electric vehicle maker Tesla has announced that it is planning to lay off over 6,700 employees across its various locations like Texas, California, Nevada, and New York

Tesla layoffs: EV maker likely to further downsize, 6700 jobs in software, services team likely to be cut

<h2>Amid the restructuring efforts to mitigate the losses incurred due to the drop in sales, electric vehicle maker Tesla has announced that it is planning to lay off over 6,700 employees across its various locations like Texas, California, Nevada, and New York</h2>

Electric vehicle maker Tesla has been reducing the headcount owing to the drop in sales amid the global uncertainities. As per tech publication Electrek, Tesla is now planning to &nbsp;lay off over 6,700 employees across its various locations, including Texas, California, Nevada, and New York. This layoffs will impact the software, service, and engineering departments.
<h3>Layoffs by Tesla</h3>
The decision to layoffs comes as the company faces numerous challenges, such as declining sales and an intensified price war among automakers, exacerbated by high-interest rates dampening the adoption rate of electric vehicles.&nbsp;
According to internal emails obtained by Electrek, Tesla communicated these changes to its employees over the weekend, suggesting a major organizational reshuffle is underway. "We are streamlining our operations to enhance our efficiency," a Tesla spokesperson said, reflecting the company's strategic adjustments.
Meanwhile, Tesla's shares surged by over 1% on Monday. Tesla last month disclosed that it anticipates incurring over $350 million in costs related to these mass layoffs in the second quarter. The restructuring also led to the departure of several top executives, including Drew Baglino, Rohan Patel, Rebecca Tinucci, and Daniel Ho.
Also Watch: <a href="https://www.editorji.com/business-news/tesla-layoffs-elon-musk-sacks-two-senior-executives-to-lay-off-100-more-employees-1714470925500">Tesla Layoffs: Elon Musk sacks two senior executives, to lay off 100 more employees</a>

Elon Musk had earlier invited Warren Buffett to invest in Tesla during its early stages when the company's value stood at a mere 0.1%, amounting to less than $7 billion of its present valuation

As Tesla sales drag down, Elon Musk asks billionaire Warren Buffett to invest in the EV maker

<h2>Elon Musk had earlier invited Warren Buffett to invest in Tesla during its early stages when the company's value stood at a mere 0.1%, amounting to less than $7 billion of its present valuation</h2>

Elon Musk invited billionaire investor Warren Buffett to invest in his firm Tesla. This comes as the EV maker is grappling with a drop in sales.&nbsp;
<h3>Elon Musk's invitation</h3>
A user on X said that Warren Buffett must divest his stake in Apple and direct his investments towards Tesla. Responding to it, Musk said, such a move would be "obvious" for the seasoned investor.
<blockquote class="twitter-tweet">
c'mon Warren Buffett, sell all your <a href="https://twitter.com/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAPL</a> and buy <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a>
&mdash; Gali (@Gfilche) <a href="https://twitter.com/Gfilche/status/1787313772933366194?ref_src=twsrc%5Etfw">May 6, 2024</a></blockquote>
"He (Buffett) should take a position in Tesla. It's an obvious move," declared Musk in a social media post.&nbsp;
<blockquote class="twitter-tweet">
He should take a position in Tesla. It&rsquo;s an obvious move.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1787325206677401672?ref_src=twsrc%5Etfw">May 6, 2024</a></blockquote>
This is not the first time, Musk has reached out to Buffett regarding investment. Earlier, the Tesla founder invited Buffett to invest in Tesla during its early stages when the company's value stood at a mere 0.1%, amounting to less than $7 billion of its present valuation.
While Warren Buffett's Berkshire Hathaway holds a stake in Chinese EV manufacturer BYD, it has yet to acquire shares in Tesla. Tesla reported significant losses in the first quarter of this year, witnessing a staggering 55% decline in net profit, dropping from $2.51 billion to $1.13 billion compared to the same period last year.
Also Watch: <a href="https://www.editorji.com/business-news/berkshire-agm-key-highlights-of-warren-buffett-s-address-here-s-what-he-said-about-india-1714979887627">Berkshire AGM: Key highlights of Warren Buffett's address; here's what he said about India</a>

For internships, Tesla hires over 3,000 university and community college students from around the world each year

Tesla revokes offer to interns weeks before their start date

<h2>For internships, Tesla hires over 3,000 university and community college students from around the world each year</h2>

Amid a massive layoffs wave, Electric car maker Tesla has revoked the offers to interns just weeks before the internships were set to start, reported Bloomberg. The employees who were offered internship took to LinkedIn to appeal to other employers to take them in.
<h3>Tesla revokes offers</h3>
A Miami University student Joshua Schreiber who was set to start the internship in three weeks said that his internship offer was gone. Schreiber had already spent &ldquo;thousands on housing.&rdquo;
&ldquo;At 8:46am, I opened a Tesla email for flight info. By 11:25am, my internship offer was gone,&rdquo; wrote Miami University student Joshua Schreiber
Like Schreiber, many other would-be interns at Tesla are nearing their college end term and are now left with less time to find replacement gigs for the summer. Brook Gura, a communications student at the University of Texas at Austin said that she got a call that her offer was yanked three weeks before her start date as part of the company&rsquo;s mass layoffs. In a post she wrote, "Rejection is redirection. While I am incredibly disappointed that I will not have the summer I intended to have, I know that this moment will only help me grow stronger as a professional"
Meanwhile, a current employee at Tesla asked her virtual network to hire one of the interns who was meant to start soon at the carmaker. &ldquo;Please make our loss your gain!&rdquo; wrote Diana Rosenberg, who works in battery supply at Tesla, according to her profile.
She further blamed the decision to rescind the intern offer on the massive layoffs unfolding at the carmaker.&nbsp;
<h3>Tesla Internship salaries</h3>
As per Glassdoor, at least one of the posts was for an unpaid position, while paid internships at the automaker typically offer $18 to $28 an hour. As per Tesla's last impact report, more than 3,000 university and community college students from around the world are hired for Tesla internships each year.&nbsp;
Rescinding the offer decision is likely to have an impact in the company&rsquo;s hiring pipeline.
Also watch: <a href="https://www.editorji.com/business-news/tesla-layoffs-elon-musk-sacks-two-senior-executives-to-lay-off-100-more-employees-1714470925500">Tesla Layoffs: Elon Musk sacks two senior executives, to lay off 100 more employees</a>

Tesla has fired two senior executives Rebecca Tinucci and Daniel Ho and is also planning to fire everyone working for Tinucci and Ho along with around 500 employees who work in the Supercharger group

Tesla Layoffs: Elon Musk sacks two senior executives, to lay off 100 more employees

<h2>Tesla has fired two senior executives Rebecca Tinucci and Daniel Ho and is also planning to fire everyone working for Tinucci and Ho along with around 500 employees who work in the Supercharger group</h2>

Frustrated over the falling sales, Elon Musk has fired two senior executives of Tesla and is planning to lay off 100 more employees, reported The Information. As per the report, Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program have been laid off
<h3>Layoffs by Tesla</h3>
Musk is also planning to fire everyone working for Tinucci and Ho along with around 500 employees who work in the Supercharger group. The report further mentioned that Tesla's Public Policy team led by former executive Rohan Patel, will also be dissolved.
"Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction," Musk wrote in the email seen by The Information.
As per company filings, the total headcount of the company late last year stood at over 1,40,000 which was up from around 100,000 at the end of 2021. Last week, the firm announced a big drop in its quarterly profits amid cut-throat competition in the electric vehicle market and layoffs. The world's top EV maker made $1.13 billion from January to March, down 55% from the year-ago quarter, on revenues of $21.3 billion.
Also Watch: <a href="https://www.editorji.com/business-news/tesla-to-layoff-6-000-employees-in-california-and-texas-amid-slowing-demand-report-1713940835339">Tesla to layoff 6,000 employees in California and Texas amid slowing demand: Report</a>
&nbsp;
&nbsp;
&nbsp;

Starting July 14, Tesla will be cutting 3,332 jobs in California and 2,688 jobs in Texas taking the total count to 6,020 as it reels under pressure from dropping sales and an intensifying price war among EV makers

Tesla to layoff 6,000 employees in California and Texas amid slowing demand: Report

<h2>Starting July 14, Tesla will be cutting 3,332 jobs in California and 2,688 jobs in Texas taking the total count to 6,020 as it reels under pressure from dropping sales and an intensifying price war among EV makers</h2>

In a massive job cut rounds, Tesla has announced that it will lay off 6,020 employees in California and Texas, reported Reuters. As per the report, Tesla CEO Elon Musk is expected to outline the electric-vehicle maker's strategy to combat slowing demand and falling margins.
<h3>Layoffs by Tesla</h3>
As the company is reeling under pressure from dropping sales and an intensifying price war among EV makers, the firm last week announced that it would cut more than 10% of employees from its global workforce.
The company has disclosed the number of employees who would be affected in notices to the states of Texas and California on Monday, as under the US labor law companies with 100 or more employees are required to notify 60 days ahead of planned closings or mass layoffs.
By this, Tesla will cut 3,332 jobs in California and eliminate 2,688 positions in Texas, starting June 14. The job cuts in Texas represent 12% of Tesla's total workforce of 22,777 in the greater Austin area, where its gigafactory and headquarters are located. Meanwhile, the global job cuts would include 285 employees at its Buffalo, New York premises. The New York premises houses the labeling team for its Autopilot driver assistance software that makes fast-charging equipment.
As per company filings, the total headcount of the company late last year stood at over 1,40,000 which was up from around 100,000 at the end of 2021.&nbsp;
Tesla's CEO Elon Musk called the recent job cuts at Tesla a &ldquo;necessary step" to reorganise the company for the next phase of growth. On Tuesday, the firm announced a big drop in its quarterly profits amid cut-throat competition in the electric vehicle market and layoffs. The world's top EV maker made $1.13 billion from January to March, down 55% from the year-ago quarter, on revenues of $21.3 billion.
Meanwhile, Tesla has disclosed its decision to prioritize utilizing its existing manufacturing capabilities rather than investing in new factories in countries like Mexico and India. The move comes as Tesla aims to increase its production by 50% from 2023 onwards, eyeing a capacity of nearly 3 million vehicles without expanding into new manufacturing lines.
Also Watch: <a href="https://www.editorji.com/business-news/tesla-s-new-marketing-team-laid-off-months-after-its-formation-1713873615907">Tesla's new marketing team laid off months after its formation</a>
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Plans for a factory in India by Tesla are now uncertain. The company's decision to prioritize cost-effective vehicle production over new factories has caused havoc in the market, with doubts arising amidst declining electric vehicle sales. 

Tesla's focus on low-cost vehicles casts doubt on India factory plans

Plans for a factory in India by Tesla are now uncertain. The company's decision to prioritize cost-effective vehicle production over new factories has caused havoc in the market, with doubts arising amidst declining electric vehicle sales.&nbsp;

Tesla's recent announcement of a shift in strategy towards producing more cost-effective vehicles has thrown its plans for factory expansions in India into uncertainty. The company, led by Elon Musk, disclosed its decision to prioritize utilizing its existing manufacturing capabilities rather than investing in new factories in countries like Mexico and India.
The move comes as Tesla aims to increase its production by 50% from 2023 onwards, eyeing a capacity of nearly 3 million vehicles without expanding into new manufacturing lines just yet. While this adjustment may lead to slightly less cost reduction than initially projected, Tesla believes it's a prudent approach to grow its vehicle volumes in a capital-expenditure efficient manner amidst uncertain market conditions.
Investors reacted positively to Tesla's cautious stance, driving a notable 12% surge in Tesla shares during after-hours trading, despite the company's quarterly results falling short of financial expectations.
Previously, Elon Musk had set sights on releasing the cheaper Model 2 by the second half of 2025. However, Lars Moravy, Tesla's Head of Engineering, emphasized the risks associated with establishing new manufacturing processes and production lines. This prompted a strategic pivot towards leveraging existing facilities for the production of low-cost vehicles, described as a "major strategy shift" by Moravy.
Musk's plans for establishing a factory in India, following discussions with Prime Minister Narendra Modi, have been put on hold. Musk cited "very heavy Tesla obligations" for canceling the meeting, indicating that the company's current focus is on optimizing existing production capabilities rather than venturing into new territories.
As Tesla adapts its strategy to meet evolving market dynamics, the future of its India factory plans remains uncertain, reflecting the challenges and complexities inherent in the global automotive industry.

As Tesla's sales fell down with the company reporting lower-than-expected delivery numbers, Elon Musk has fired Tesla's entire US "growth content" team that comprised of 40 employees

Tesla's new marketing team laid off months after its formation

<h2>As Tesla's sales fell down with the company reporting lower-than-expected delivery numbers, Elon Musk has fired Tesla's entire US "growth content" team that comprised of 40 employees</h2>

In a recent round of job cuts, Tesla has sacked its entire US "growth content" team just months after its formation. As per Bloomberg, the team comprises of 40 employees. Tesla also has a small marketing team based in Europe.
The current layoffs also come at a time when sales have fallen and the company reported lower-than-expected delivery numbers. The Tesla stock has also been under pressure as the EV maker cut prices globally.
<h3>Tesla Layoffs</h3>
Elon Musk had responded to a post on X that said the laid off staff "could've done a better job with their ads."
&ldquo;Exactly. The ads were far too generic &ndash; could've been any car&rdquo;, Elon Musk wrote after which the employees were let go.
Last week, he had told the Tesla employees that he was laying off more than 10% of the company's workforce.
As per media reports, several of the Tesla employees were notified via a phone call that their roles had been cut.&nbsp;
For so many years, the electric car maker Tesla has survived without any traditional advertising. However, last May Elon Musk changed this after Tesla investors called for it. In a shareholder event he said, &ldquo;try out a little advertising and see how it goes&rdquo;.
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Shares in the Elon Musk-owned company slid nearly 4% in intraday trading on Thursday

Tesla's shares drop below $150, wipes out yearly gains

Shares in the Elon Musk-owned company slid nearly 4% in intraday trading on Thursday

Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers.
Shares in the Elon Musk-owned company slid nearly 4% in intraday trading Thursday, in what now stands as the third worst week for the stock in 2024, a year that has been dismal for Tesla investors. The Austin, Texas company's shares are down 12.4% this week and more than 39% this year.
Shares of Tesla Inc last traded at the $150 level in January 2023.
It's also been a bad year for employees. Tesla said Monday that it was cutting 10% of its staff globally, about 14,000 jobs. The next day, Tesla announced it would try to re-instate Musk's $56 billion pay package that was rejected by a Delaware judge in January, who said that the arrangement was dictated by Musk and was the product of sham negotiations with directors who were not independent of him.
At the time of the Delaware court ruling, Musk's package was worth more than $55.8 billion, but the stock slide has cut that to $44.9 billion at the close of trading on Friday, according to a company filing last week.
Tesla shares hit an all-time intraday high of $415.50 in November of 2021, adjusted for a 3-for-1 stock split that took effect in August 2022.
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. The company said it delivered 386,810 vehicles from January through March, nearly 9% below the 423,000 it sold in the same quarter of last year.
Dan Ives, an analyst with Wedbush who has been very bullish on Tesla's stock, called the first quarter sales numbers an &ldquo;unmitigated disaster".
&ldquo;For Musk, this is a fork in the road time to get Tesla through this turbulent period otherwise dark days could be ahead,&rdquo; Ives wrote this week.
Yet on Thursday, Deutsche Bank joined other industry analysts in voicing concern over Musk's big bet on autonomous vehicles as it stripped the company of its &ldquo;buy&rdquo; rating, citing Tesla's &ldquo;change of strategic priority to Robotaxi&rdquo;.
Wall Street expects that Tesla will report a decline in first quarter earnings next week and many are wondering if there's any near-term catalyst for growth that would end Tesla's stock slide. Industry analysts were expecting a new small electric vehicle for the masses that would cost around $25,000, the Model 2, but there were reports last week that Musk was scrapping that project.
Musk disputed the reports, but wrote on X, the social media platform that he owns, that Tesla would unveil a robotaxi at an event on Aug 8.
Uncertainty over the release of a cheaper vehicle from Tesla has altered the equation for analysts like Deutche Bank's Emmanuel Rosner.
Such a delay would tie Tesla's future more closely to &ldquo;cracking the code on full driverless autonomy, which represents a significant technological, regulatory and operational challenge. We view Tesla's shift as thesis-changing,&rdquo; Rosner wrote.
Since last year, Tesla has cut prices as much as $20,000 on some models as it faced increasing competition and slowing demand.

Tesla, facing declining sales and heightened competition in the electric vehicle market, plans to reduce its global workforce by over 10%. CEO Elon Musk underscores the need for cost reductions amidst an intensifying price war for EVs

Tesla announces over 10% workforce cut amidst sales challenges

Tesla, facing declining sales and heightened competition in the electric vehicle market, plans to reduce its global workforce by over 10%. CEO Elon Musk underscores the need for cost reductions amidst an intensifying price war for EVs

Tesla, the electric vehicle giant, is set to reduce its global workforce by over 10%, according to an internal memo obtained by Reuters. This move comes amidst a challenging period for the company, marked by declining sales and increasing competition within the electric vehicle market.
With approximately 140,473 employees worldwide as of December 2023, Tesla has not disclosed the exact number of jobs that will be affected. However, some employees have already been notified of the layoffs, indicating the immediacy of the decision.
In the memo, Tesla CEO Elon Musk emphasized the necessity of cost reductions and productivity enhancements as the company prepares for its next phase of growth. The layoffs, exceeding 10% globally, are a result of a thorough review of the organization's structure.
This announcement follows a series of setbacks for Tesla, including a 31% decline in its stock value since the beginning of the year. Despite pioneering the electric vehicle market, Tesla has faced stiff competition from traditional automakers such as Toyota and General Motors, whose shares have surged in comparison.
The company's challenges extend beyond sales figures. Tesla's gross profit margin in the fourth quarter hit a four-year low, reflecting pricing pressures and heightened competition, particularly in key markets like China.
The decision to reduce its workforce underscores Tesla's acknowledgement of weakening demand and the need to streamline operations. This comes on the heels of disappointing first-quarter delivery figures, which marked the first decline in nearly four years.
As Tesla braces for a slower year ahead, it faces the task of revitalizing consumer interest amid economic uncertainties and increased competition. With its quarterly earnings report scheduled for April 23, investors and analysts will be closely monitoring the company's strategic initiatives to navigate the evolving landscape of the electric vehicle industry.

Tesla explores 1st showroom sites in India, eyes sales launch in 2024

<h2 class="MainStory_strydsc__P6kfv">Tesla wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city: Report</h2>

US electric carmaker Tesla eyes potential showroom sites in New Delhi and Mumbai as it prepares to initiate sales in India later this year, according to Bloomberg sources.
Tesla, which saw its global vehicle deliveries decline in the first quarter for the first time in nearly four years, is stepping up efforts to expand into new markets.
According to the further report, Tesla plans include establishing 3,000 to 5,000 square feet showrooms and service hubs in each city.
Tesla's CEO Elon Musk is anticipated to announce investments and meet with Prime Minister Narendra Modi during his upcoming two-day visit to India on 21st and 22nd April.

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