Tag TSLA

Tesla is raising wages for assembly-line workers in the U.S. The United Auto Workers union should take a victory lap. The news does show that worker wages don’t make or break car companies. Bloomberg, on Thursday, reported that Tesla was raising wages for assembly-line workers after seeing a poster announcing changes posted at the Fremont, Calif. plant...

The car-rental company said it would use some proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles...

(Bloomberg) -- Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Voice Assistant TeamsSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughThese Are the World’s Most Powerful Passports in 2024Amazon’s Twitch to Cut 500 Employees, About 35% of StaffWhite House Throws Support Behind Seizing Frozen...

For the Cybertruck, a special sledgehammer almost makes too much sense...

After endorsing antisemitic comments that sparked an advertiser exodus from X, the Tesla CEO asks “Do you want to fly in an airplane where they prioritized DEI hiring over your safety?”...

Electric automaker Tesla has told production workers in the United States that they will get a pay hike, according to a Bloomberg News report on Thursday. The move comes as carmakers whose workers are not unionized have been raising pay after the United Auto Workers (UAW) union reached new labor deals with the Detroit Three - Ford, Stellantis and General Motors. The UAW deals included a 25% increase in base wages through 2028, a cut in the time needed to reach top pay to three years from eight years and a 150% boost to temporary workers' pay...

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