I was on my way to work and then i got a personal email about, my position had been eliminated and in disbelief, he showed up to work. I got my badge. I went to the turnstile, and then, then it didnt work and it turned red, started beeping, and i was like, is this real . Morelos . Just one of the roughly 14,000 tesla employees to be laid off since april, 10 of the companys workforce are committed to his career. Hed spend much of 2023 sleeping in the back of his car, all to avoid the daily three hour round trip to his house in the central valley. Teslas latest move going from more than 3000 worldwide job openings on its website to just three, one tech expert suggests. Elon musk, posting his opinions on social media is partly to blame for the companys current slump. What elon musk did with x or twitter was not helping. Its turned off some of the people who didnt want to be associated with the brand like that, professor ahmad bonafe explains. The popularity of hybrids, competition from ch
Spoirks substance. This flu season is hitting hard. Doctors urge people to wash hands to keep the flu at bay, doctors are working to prevent future outbreaks. Good morning from the studio 57 newsroom at cbs news here in new york, good to be with you. Im annemarie green. President trumps Budget Proposal is being met with optimism since congress enacted its own spending legislation. The president s 4. 4 trillion proposal is probably dead on arrival. It is an outline plaintimr. Tru priorities. After years of objecting to increased spending, the Budget Proposal would add 7. 2 trillion to the federal deficit over the coming decade. There are big cuts to programs that benefit the poor like housing, health care, and food stamps. Instead of food stamps, the Trump Administration proposes giving lowincome families a box of nonperishable food every month. Retirement benefits would remain mostly untouched, though. When it comes to immigration reform, democrats and republicans agree on at least one
The station transit central. Theyve settled on a price for several properties the Company Wants to buy. The total price tag would be 67 million but now the city council would need to approve a compensation agreement to even allow those parcels to be up for grab for development. The campus would be a 800 million complex that could bring in 20,000 workers and some local residents have spoken out against google with concerns. We want google to come to an jose but in a responsible way that is going to help the communities and not worsen the problems we already have. Appreciate it. Thank you for sharing your letter and we look forward to engaging through the community and hearing the concerns and all the issues being outlined. Thank you for visiting. Have a good afternoon. Reporter activists heard from google representatives there after marching onto the Mountain View campus and calling for google to have Affordable Housing in the area and itll be a important one and despite any controversy
We have this while day in china, down 8. 5 . It sparked the selloff across the world. We are continuing to see extended those losses today, down about one third of a percent. Spot iszealand dollar slightly gaining but we continue to see pressure on these commodities currencies. There are some forecasting that it could drop as much as 55 u. S. Cents. We are counting down to the opening in australia, japan and korea. Less than one hour away for japan, it looks like we will continue to see this selloff today. 25 closing 1 yesterday in tokyo. Futures in chicago looking to another lower open today. The dollar yen is weakening right now. Only one story the chaos in china. The composite plunged 8. 5 yesterday while shenzhen fell 7 . It was shanghais biggest oneday slump since february 2007 and it triggered a worldwide selloff. Lets bring in david. We have seen it in the europe and u. S. This is not looking good. David stock market turbulence provides intervention. You look at similar headline
Ill repeat that, the 21,000 level. Thats what, 25 points away from its best level ever. The s p and the nasdaq, they are already there. This may be the way when amazon hits 1,000 a share. Its, well, pre market, its about a buck 94 away from 1,000 a share. Then theres this. The average credit reached the best level in a decade, 700. And who gets the car loan and a mortgage and who doesnt. Were now more credit worthy and thats a very good thing. As the summer begins, what makes a difference in your life . Surely its money in your pocket, the chance of a promotion, an upgrade for your house and financing it. The left are going the other way, theyre obsessed with bringing down a president they dont like. Its a turnoff because its nothing to do with your life. But we, oh, we concentrate on you. Great it be back, Varney Company about to begin. Right, Tuesday Morning, where are we opening up . Ever so slightly lower, 15, 20 points, maybe, but remember, were at the 21,000 level. Amazon and alp