Elon Musk has fueled uncertainty about Tesla s India plans by recently prioritising an investor call over a visit to India, amid a period of declining global sales for the electric vehicle maker.
Tesla has decided to slash well over 2,700 Bay Area jobs, including layoffs at the company's electric vehicle factory in Fremont, staffing reductions that are poised to jolt the region's employment market.
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The company