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Tesla

Laid off Tesla workers are getting two months severance pay

Quartz

qz.com › tesla-layoffs-severance-pay-elon-musk-1851439573

Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were immediately terminated and cut out of Tesla’s

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A Tesla executive sold $181.5 million worth of stock shortly after quitting

Quartz

qz.com › tesla-stock-sale-andrew-baglino-elon-musk-1851439357

Former Tesla executive Andrew Baglino is looking to pocket some cash wealth on his way out the electric vehicle-maker’s door. Baglino, who resigned last week as the company’s senior vice president for energy engineering and powertrain, sold 1.14 million of his shares in Tesla on Thursday, according to a filing with…

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Tesla's Elon Musk bets on driverless, Volkswagen bets on China, EV demand roars back: Autos news roundup

Quartz

qz.com › tesla-ev-elon-musk-volkswagen-vw-honda-toyota-uaw-1851436280

Don’t worry, Tesla investors. Even if Elon Musk disappears — whether kidnapped by aliens or the Terminator — his company will still figure out driverless cars, according to the firebrand CEO.

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