Bloomberg Evening Briefing: FTC Votes to Ban Most Non-Compete Clauses
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Elon Musk wanted Tesla to slash its headcount by 20% because its quarterly vehicle deliveries fell by that much, Bloomberg source says
Tesla CEO Elon Musk at one point wanted the EV giant to trim its workforce by 20%, Bloomberg reported on Sunday, citing a person familiar with the matter.The reduction, Musk reasoned, should match the reduction in vehicle deliveries between the fourth quarter of 2023 and the first quarter of 2024, per Bloomberg.Earlier this month, Tesla said it delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the previous quarter. The delivery drop was the company's lowest quarterly...
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On a crucial earnings call, Musk reminds the world Tesla is a tech company. ‘Even if I’m kidnapped by aliens tomorrow, Tesla will solve autonomy’
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars.
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Why is Tesla FSD a Big Deal Even Before Robotaxi?
Every Tesla FSD sale even with the price cuts is $8000 per car or $99 per month. The $99 per month is $1200 per year or $7200 for six years. Tesla has the highest profit per car of all car makers at $7000 per car. This is why Tesla FSD before robotaxi is a big