Tesla’s Senior HR Director Departs Amid Resignations Following Massive Layoffs
Tesla, the electric vehicle behemoth, is facing a significant reshuffle at its top echelons, as Allie Arebalo, the Senior Director ...
Tag: Automotive Industry
Mercedes Outpaces Tesla, Selling Vehicles with Level 3 Autonomous Driving Technology in the US
In a notable achievement that underscores the fierce competition in the automotive industry, German luxury car manufacturer Mercedes has officially ...
Hertz Quits Electric Vehicle Bet After Losing $195 Million in Q1 Due to Dropping Tesla Valuations and Poor Sales
Hertz Global Holdings Inc., a familiar name in the rental car industry, has faced a turbulent first quarter marked by ...
Honda Invests $11 Billion in Canada to Establish New Electric Vehicle Production Facilities
In a pivotal move that redefines its position within the automotive industry, Honda has announced an unprecedented $11 billion investment ...
Hertz Faces $440 Million Loss As Their Big Bet on Electric Cars Is Costing Them Huge
As the automotive industry continues to navigate the turbulent transition to electric vehicles (EVs), rental giant Hertz has found itself ...
Tesla Is Demonstrating a Declining Trend As Its Profits Fall 55%
Tesla, the renowned electric vehicle (EV) pioneer known for disrupting the automotive industry, is experiencing a significant downturn in its ...
Tesla Has Announced Plans To Reduce Its Workforce by Around 2,700 Employees at Giga Texas in Austin
In a move that underscores the volatile nature of the electric vehicle (EV) market, Tesla, the pioneering EV manufacturer, is ...
Elon Musk Says Tesla Needs a “Massive Organizational Overhaul” To Achieve “The Next Level” Amid Layoffs
In a bid to navigate through the currents of the automotive industry, Tesla CEO Elon Musk has emphasized the need ...
Exxon Mobil Corp Surpassed Tesla in Market Value for the First Time as Tesla Is Down 41% This Year
In a remarkable turn of events, Exxon Mobil Corp. has overtaken Tesla Inc. in market valuation for the first time ...
Toyota Faces Boeing-Like Crisis with Major Recall Endangering Passenger Safety in Latest Prius Models
Toyota, a leader in automotive innovation and quality, is currently grappling with a significant recall that echoes the recent troubles ...
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