Tesla layoffs: Rebecca Tinucci, senior director of the electric vehicle maker s Supercharger business and Daniel Ho, head of new products, have been sacked.
The developments came after Tesla Chief Executive Officer Elon Musk made an unannounced trip to China on Sunday, seeking approval for driver-assistance software that could help arrest the carmakers revenue decline. While the companys suite of features require constant supervision and dont make Teslas autonomous, the company charges $8,000 for them in the US, or $99 a month for a subscription.
(Bloomberg) Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto market.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveUS Warns ICC Action
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