Tag: automaker

BUSINESS

Tesla Makes Shares Record

The surge in Tesla Inc. shares in the market recently has placed the company in an enviable position. It became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford Motor Co. and General Motors Co. combined. In recent weeks, Tesla (NASDAQ: TSLA) stock has been on the gallop. Shares in the electric vehicle […]

BUSINESS Commerce

Tesla Dumps Hundreds Of Workers

According to a news report, Tesla, Inc., the American automaker, energy storage company, and solar panel manufacturer based in Palo Alto, California is parting ways with hundreds of workers. The dismissals were a result of a company-wide annual review, Tesla reportedly said in an emailed statement. The report noted that over 400 employees, including engineers, managers, and factory workers were […]