Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Fremont"


25 mentions found


Former Tesla executive Drew Baglino, who announced his resignation earlier this month, sold shares in the electric vehicle company worth around $181.5 million, according to a filing on Thursday with the SEC. Baglino, who joined Tesla in 2006, is selling about 1.14 million of his shares, the filing said, listing an "approximate date of sale" of April 25, and describing it as an exercise of stock options. Tesla announced on April 15 that it's laying off 10% of its global workforce, following a drop in first-quarter deliveries and a steep slide in the stock price. Baglino announced his departure in a statement posted to X. Prior to the latest sale, Baglino had unloaded about $4 million worth of shares in two transactions this year — one in late February and the other in early April, filings show.
Persons: Drew Baglino, Baglino, Tesla, Rohan Patel, Baglino's, Musk, doubters Organizations: Fremont Factory, SEC, Tesla Locations: Fremont , California
There's only one person to blame for the company's shambolic state and only one person whose exit could save Tesla: Elon Musk. Investors want to see a concrete plan for a whole new fleet of Teslas made for a leaner, meaner EV market. The company needs a serious leader with practical ideas — no self-driving gimmicks, no blowtorches, no broken Cybertrucks, no shitposting, no video-game marathons, and no casual ketamine use. AdvertisementA true visionary CEO — which Musk has long claimed to be — would have pressed the advantage that Tesla developed in the EV market. He asserted that Tesla was not a car company but rather an AI robotics company.
Persons: Tesla, Elon, Musk, Gross, Teslas, Ross Gerber, Gerber Kawasaki, Tesla's, Gerber, Ron DeSantis, Navdeep Sodhi, innovating, , Elon fanboys, Lex Luthor Organizations: Tesla, EV, Reuters, Bloomberg, Auto, Twitter, bungled, Sodhi, Fremont Factory Locations: Shanghai, San Jose, China, Elon, Germany, Texas, Beijing, Red, Berlin
A large-scale outage is affecting residents’ ability to call the 911 emergency number in parts of Nebraska and Texas, and the entire state of South Dakota, according to local authorities. In Las Vegas, calls to 911 on landline phones and mobile phones were not connecting for about two hours before service was restored at about 9 p.m., the Las Vegas Metropolitan Police Department said on social media. During the outage, dispatchers could see attempts to make calls from mobile phones and would call residents back, the police said, and all attempted calls had been answered. The outage was also affecting southern Nevada, the Nevada State Police said. Outages were also reported by the local police departments of Dundy County, Neb., Kearney County, Neb., Howard County, Neb., Fremont, Neb., and Del Rio, Texas.
Persons: Del Organizations: Las Vegas Metropolitan Police Department, Nevada State Police Locations: Nebraska, Texas, South Dakota, Las Vegas, Nevada, Dundy County, Neb, Kearney County, Howard County, Fremont, Del Rio , Texas
Typically, security guards inspect workers' badges at the site, but don't usually scan them directly, the two workers said. Related storiesThree other former Tesla employees said workers at the Fremont factory were told by security that if their badges didn't work they were no longer employed. The email sent directly to laid-off staff said the cuts would be effective immediately and workers would receive information regarding their severance within 48 hours. Tesla workers aren't the first to unceremoniously discover they've been terminated while trying to access their former place of work. Last year, some former Google employees told BI they learned they'd been laid off when they couldn't badge into the office.
Persons: , Tesla, didn't, Elon Musk, Drew Baglino, Rohan Patel, they've, they'd Organizations: Service, Business, Fremont, BI, Google Locations: Tesla's, Sparks , Nevada, Nevada
Tesla is reducing its workforce by more than 10%, per an internal memo seen by Business Insider. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Some Tesla employees lost access to their emails and Teams by Monday, two people with knowledge said. Related storiesBefore the layoffs, Tesla said it employed over 140,000 workers globally, including over 20,000 at its Fremont factory in California. Musk told staff in May that he must personally approve all new Tesla hires.
Persons: Tesla, , Elon Musk, Musk, Tesla's Organizations: Business, Service, Bloomberg Locations: Berlin, Fremont, California, Buffalo , New York
The top 14 cities in the US people are fleeing
  + stars: | 2024-04-15 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +2 min
1 for its negative net domestic migration rate per 1,000 people. Business Insider looked at negative net domestic migration estimates for US metropolitan statistical areas for the period of July 1, 2022, to June 30, 2023. Negative net domestic migration means they had more people fleeing these metropolitan statistical areas for another US location than people in the US moving in. Six of the 14 metros that had the biggest negative net domestic migration rates per 1,000 people were California metros. Below are the top cities people are fleeing based on net domestic migration rates per 1,000 people.
Persons: Organizations: New Orleans, Service, Golden State, Business, metros, Fremont — Locations: California, Golden, New York City, Los Angeles, Long, Anaheim , California, Chicago, Naperville, Elgin , Illinois, Indiana, San Jose, Sunnyvale, Santa Clara, San Francisco, Oakland, Anaheim, Orleans, Metairie , Louisiana
Some Tesla employees worry that layoffs are coming
  + stars: | 2024-04-13 | by ( Grace Kay | ) www.businessinsider.com   time to read: +2 min
Tesla employees fear potential layoffs may begin as early as this weekend. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementSome Tesla employees are concerned that layoffs are imminent, possibly as soon as this weekend. This is the second time in a matter of months that anxiety over possible layoffs has set in at Tesla. The reviews were later rescheduled, three sources told Business Insider.
Persons: Tesla, , Austin gigafactory, they'd, hadn't, There've, Tesla's Organizations: Service, Austin, Fremont, Business, Bloomberg, Business Insider . Workers, Big Tech, Google, Microsoft, EV Locations: Tesla
Former Tesla factory workers filed a proposed class action lawsuit in California on Thursday. Two former workers allege Tesla violated labor laws under California law, Reuters reported. Tesla is also facing a racial discrimination lawsuit and a wrongful death suit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Former employees accused the auto company of violating labor laws in a proposed class action lawsuit filed in federal court in California on Thursday, Reuters reported.
Persons: Tesla, Organizations: Tesla, Reuters, Service, Business Locations: California, Fremont
Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries fell 8.5% from the year-ago quarter and about 20% from the fourth quarter. Tesla doesn't break out sales by model but reported that it produced 412,376 Model 3/Y cars and delivered 369,783. In the fourth quarter of 2023, Tesla reported 484,507 deliveries and production of 494,989 vehicles. Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in the company's shareholder communications. The system is marketed as Full Self-Driving but doesn't make Tesla cars autonomous.
Persons: Tesla, Troy Teslike, Martin Viecha, Elon Musk Organizations: Tesla, FactSet, Independent, CNBC Locations: Fremont, Gigafactory, Berlin, China, Shanghai, U.S, North America
DETROIT (AP) — Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. In its letter to investors in January, Tesla predicted “notably lower” sales growth this year. In March it temporarily knocked $1,000 off the Model Y, its top-selling vehicle. During the quarter, Tesla lost production time in Germany after a suspected arson attack cut its power supply. But sales growth slowed toward the end of the year.
Persons: Tesla, FactSet, Dan Ives, , Elon Musk, ” Ives, Ives, Itay Organizations: DETROIT, Tesla, Citi, U.S, EV Locations: Austin , Texas, Fremont , California, Red, China, Germany
Tesla sales plunge far more than expected
  + stars: | 2024-04-02 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
Tesla has responded to increased competition by cutting prices. Although Tesla is more profitable than traditional automakers, the price cuts have been squeezing the profit margins that helped boost the stock. But the increased competition in the EV space is a big factor in the decline in demand. In the fourth quarter, Tesla lost the title of the world’s best-selling maker of EVs to Chinese automaker BYD. That has prompted some traditional automakers, such as General Motors and Ford, to pull back on their EV production plans.
Persons: New York CNN — Tesla, Elon, it’s, Tesla, Dan Ives, ” Ives, Organizations: New, New York CNN, Western, Tesla, Wedbush Securities, Motors, Ford Locations: New York, Fremont, China, Europe
Police caught up with a stolen Tesla after it ran out of battery during a chase, Fox 11 Los Angeles reported. The car belonged to Fox 11 anchor Susan Hirasuna and was stolen from downtown Los Angeles. Hirasuna's Tesla app estimated the car's battery was down to 15 miles of range when it was taken. AdvertisementPolice caught up with a stolen Tesla after it ran out of battery during a car chase, Fox 11 Los Angeles reported. The stolen car was fortunately low on charge when it was taken, with Hirasuna's Tesla app estimating that the EV's battery was down to just 15 miles of range, the report said.
Persons: Tesla, Susan Hirasuna, , Hirasuna, wouldn't Organizations: Fox, Service, Police, United Theater, Los Angeles Police Department, LAPD, Business, Tesla, Fremont Police Department Locations: Angeles, Los Angeles, East Hollywood, California
Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in the company's shareholder communications. Tesla's Model 3 is about $4,000 more than that. Aging lineup, early days for Cybertruck While EV sales are still gaining popularity worldwide, the growth rate has slowed. In a push for end-of-quarter sales, Musk recently mandated that all sales and service staff install and demo FSD for customers before they hand over their cars. Despite its name, Tesla's premium option requires a human driver at the wheel, ready to steer or brake at any moment.
Persons: Florence Lo, Tesla, Troy Teslike, Tesla's, China's BYD, BYD, Lei Jun, Emmanuel Rosner, Rosner, Elon Musk, Krisztian Bocsi, Rohan Patel, Musk, Sandy Munro, Forbes, Larry Magid, Donald Trump, He's, he's, Investor Ross Gerber, who've, Brad Gerstner, Gerstner, FSD Organizations: Reuters, FactSet, Independent, Qin, Tesla's, China Passenger Car Association, Bloomberg, Deutsche Bank, Tesla, Volvo, Elon, Tesla Inc, Getty, IF Metall, IF Metall's, IF, Pew Research, Gallup, Investor, CNBC, Bears, S3 Partners, U.S Locations: Beijing, China, China In China, Shanghai, Europe, Red Sea, Iran, Gruenheide, Germany, Brandenburg, Berlin, Swedish, Sweden, U.S, Austin , Texas, San Jose , California, Fremont , California, Florida, Haiti, Texas, Delaware
Tesla and a former employee have agreed to settle a closely watched lawsuit that cast a harsh light on the carmaker’s treatment of Black workers. Lawyers for Tesla and for Owen Diaz, who worked at the company’s factory in Fremont, Calif., did not disclose the terms of the settlement in a legal filing on Friday. Organ, a lawyer for Mr. Diaz, said in an email, adding that he could not comment further. A supervisor drew a racist caricature near his work station, according to testimony in the case. Tesla did little to discipline the supervisors or address pervasive racism at the factory, the jury found.
Persons: Tesla, Owen Diaz, , ” Lawrence, Diaz Organizations: Tesla Locations: Fremont , Calif, San Francisco, Tesla’s
Attorney Lawrence Organ, with the California Civil Rights Law Group, who represented Diaz told CNBC via e-mail: "The parties have reached an amicable resolution of their disputes. The same firm is representing current and former Tesla employees in a proposed class action lawsuit, Marcus Vaughn v. Tesla Inc., alleging that the racist discrimination and harassment of Black workers has continued at the automaker. Organ told CNBC by phone on Friday, "It took immense courage for Owen Diaz to stand up to a company the size of Tesla. Even though the litigation chapter of his life is over, there's still a lot of work to do for Tesla." Tesla has called the EECO's allegations "a false narrative that ignores Tesla's track record of equal employment opportunity."
Persons: Tesla, Owen Diaz, Lawrence Organ, Diaz, Marcus Vaughn, Organ, there's, Elon Musk, haven't, Jim Crow Organizations: California Civil Rights, Group, CNBC, Tesla Inc, Tesla, Commission Locations: Fremont , California
To a growing number of youths, a wallet stuffed with cash and cards is as unfashionable as the millennial tuck, no-show socks and skinny jeans. Iykyk — that’s “if you know, you know,” for those who don’t know. I, Brian Chen, a graying 39-year-old tech columnist, am not one of those in the know. It’s unfathomable to me to part with my wallet, which holds crucial items like my driver’s license. “If a store doesn’t accept Tap to Pay, I won’t give them business,” Ms. Hegab said.
Persons: Iykyk, Brian Chen, unfathomable, Yiwen Lu, Ruby Hegab, Ms, Hegab Organizations: Apple Locations: Fremont , Calif
Hong Kong/Bangkok CNN —Tesla is in talks with the Thai government to build a production facility in the country, the prime minister’s office told CNN on Tuesday. The government has offered Tesla (TSLA) a 100% green facility, according to Prommin Lertsuridej, secretary general to the prime minister, who added: “We are in talks with them.”According to Prommin, Tesla representatives last visited Thailand in November, the same month Prime Minister Srettha Thavisin visited the electrical vehicle giant’s Gigafactory in Fremont, California. “It is my hope that this collaboration will cement Thailand as the hub for EV and renewable energy in the years to come,” he wrote. That factory is Tesla’s biggest car manufacturing plant outside the United States and accounted for the bulk of its global deliveries last year. Correction: An earlier version of this article incorrectly spelled the name of the prime minister's general secretary.
Persons: Tesla, Prommin Lertsuridej, Srettha Thavisin, Srettha, , Elon Musk, Narendra Modi Organizations: Bangkok CNN, CNN, EV, Indian Locations: Hong Kong, Bangkok, Thailand, Fremont , California, Asia, Shanghai, United States, India, New York
Where Old Vegas is still alive today
  + stars: | 2024-03-03 | by ( Matt Villano | ) edition.cnn.com   time to read: +11 min
MuseumsMuseums are obvious celebrations of the past, and in Las Vegas, these two museums have direct links to the Vegas of old. At the Neon Museum, Old Vegas is showcased in the form of neon signs. Other attractionsSeveral other sights and destinations around Las Vegas keep the city’s past alive in this modern age. At one point every casino in Las Vegas had a machine like this one; today this is the only coin-operated iteration left. Finally, the most recognizable throwback to Old Vegas might be the neon “Welcome to Fabulous Las Vegas” sign at the south end of the Las Vegas Strip near Mandalay Bay Resort & Casino.
Persons: upstage Travis, Taylor, Usher, Jackie Gaughan, Kenny Epstein, Epstein, Gaughan, , , you’ve, Bugsy Siegel, Meyer Lansky, La Concha, Caesar, Chris Welsch, Frank Sinatra, Dean Martin, Sammy Davis Jr, Sinatra, Hugo’s, El Cortez, Barbara Streisand’s, Bauer, Griffin, Vegas Vickie, Vickie, Derek Stevens, Vic, Betty Willis, YESCO Organizations: CNN, Sin, Bellagio, Vegas, Eiffel, El, Fremont Street, National Register of Historic Places, Casino, Hotel, Museums, Mob Museum, National Museum of, US Post Office, Commerce, Neon Museum, Las, Virgin Hotels, Minneapolis Star Tribune, Italian American, Four Queens Casino, Las Vegas, Sigma Derby, Fremont Locations: Sin City, Las Vegas, Paris, Vegas, Hotel Nevada, Fremont Street, America, Old Vegas, Sahara, Virgin Hotels Las Vegas, Las, Fremont, Mandalay
Read previewLast June, a segment on FOX 5 Vegas calling for Super Bowl LVIII volunteers caught my attention. I'd always wanted to go to the Super Bowl, but at over $5,000 a ticket, that dream is way beyond the financial reality of the average Joe. AdvertisementSince the Super Bowl is one of the highest-ranked security events in the nation, the session had a government-agency safety briefing, too. Melody PittmanWe also picked up our free swag with the Super Bowl LVIII logo. Melody PittmanOur tasks ranged from capturing guests' smiles in front of Super Bowl LVIII displays to distributing collectible swag items.
Persons: , I'd, Volunteers aren't, Melody Pittman, Harry Reid, weren't Organizations: Service, FOX, Super Bowl LVIII, Super, Business, Volunteers, Team, Vegas, The, Harry Reid International Airport, Fremont, Allegiant Locations: Vegas, Mesquite , Nevada, Canada, Kansas, Alaska , Florida , California , Massachusetts, New Mexico, Mesquite
Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the company's legal home as Nevada. “Never incorporate your company in the state of Delaware,” he wrote in one post after the court ruling. Musk, a co-founder of the privately held Neuralink, is listed as company president in Nevada documents.
Persons: Elon, Neuralink, Musk, Tesla, , , Erik Gordon, Kathaleen St, Jude McCormick, McCormick, , ’ ” McCormick, Musk’s, shouldn’t Organizations: Tesla, Austin, University of Michigan, Delaware, Musk, Forbes Locations: Delaware, Nevada, Fremont , California, Texas, “ Delaware,
Chang Li Hua and Yi Yan Fuei are the stars of "Nai Nai and Wai Po," the Oscar-nominated documentary short now streaming on Disney+ and Hulu. Sean Wang has always believed his grandmothers were movie stars — and now they have an Oscar nomination to prove it. Wang, 29, is a Los Angeles-based filmmaker whose film "Nai Nai and Wai Po" (which translates to "grandma and grandma" in Mandarin Chinese) is up for Best Documentary Short Film for the 96th Academy Awards. The days we spend feeling joy and the days we spend feeling pain are the same days spent. One line from his Nai Nai was particularly resonant: "The days we spend feeling joy and the days we spend feeling pain are the same days spent.
Persons: Chang Li Hua, Yi Yan Fuei, Oscar, Sean Wang, , Wang, Yan Fuei, Wai Po, he'd, Yi, Chang, Yi Yan, There's Organizations: Disney, SXSW Locations: Wai, Los Angeles, Fremont , Calif, New York City, U.S
Keila Misdom, a TikTok influencer and exotic dancer, was born and raised in Las Vegas and has worked as a stripper in the city for eight years. Not venturing away from the Las Vegas StripThe Bellagio Hotel's nightly water fountain show is seen among the lights of other casinos on the Las Vegas strip. George Rose/Getty ImagesThe nearly 4-1/2-mile-long Las Vegas Strip is often the first place that tourists head to due to its many hotels, bars, restaurants, and attractions. Buying full-price tickets for a showFrom artist residencies to the iconic Cirque du Soleil performances, there are plenty of shows to see in Las Vegas. Here, patrons can order drinks and admire the sweeping views of Las Vegas without a 30-minute time restriction.
Persons: , Keila, she's, George Rose, Misdom, Kobby Dagan Organizations: Service, Business, Las Vegas, Park MGM, Bellagio, Las, Bazaar, Fremont Locations: Vegas , Nevada, Las Vegas, Vegas, Fremont, Downtown, Casino Royale, It's
Read previewTesla hiked pay for factory workers across the US last month. Internal documents viewed by Business Insider reveal how much the factory workers now make. Under the new pay guidelines that were announced in December and implemented on January 8, factory workers at Tesla make between $22 to $39 per hour, according to the internal documents. AdvertisementTesla divides its factory workers into seven levels, while leads are divided into two levels. The effort won't be without its challenges, as CEO Elon Musk has voiced confidence that a union isn't necessary and some Tesla workers previously told BI they'd be hard-pressed to join a union.
Persons: , Tesla, autoworkers, Shawn Fain, Elon Musk Organizations: Service, Business, Tesla, Fremont, US Bureau of Labor Statistics, Workers, Bloomberg, Toyota, Hyundai, United Auto Workers, Fremont Factory, UAW Locations: Austin , Texas, Sparks , Nevada, Fremont, Palo Alto , California, California, Nevada, Texas
LAS VEGAS (AP) — A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another. The agreements averted a Monday morning walkout threat at several near-Strip and downtown properties as the city kicks off Super Bowl week. The culinary and an associated bartenders union are being given more time to reach an agreement with Virgin Las Vegas, an off-Strip resort. The union then turned its attention to winning the same contract terms for workers at other hotel-casinos in Las Vegas. The NFL’s 58th championship game is expected to bring some 330,000 people to Las Vegas this week, according to the Las Vegas Convention and Visitors Authority.
Persons: Wynn Resorts —, El, a.m Organizations: LAS VEGAS, Super, Culinary Workers Union, Downtown, Virgin Las, Vegas, — MGM Resorts International, Caesar Entertainment, Wynn Resorts, Las Vegas Convention, Visitors Authority, Culinary Locations: Las Vegas, Binion’s, Four Queens, Fremont, Virgin Las Vegas, Sahara Las Vegas, El Cortez, Nevada
STOCKTON, Calif. (AP) — A California judge on Friday ordered Tesla Inc. to pay $1.5 million as part of a settlement of a civil case alleging the company mishandled hazardous waste at its car service centers, energy centers and a factory, multiple county district attorneys announced. The complaint filed in San Joaquin County alleged illegal disposal of hazardous waste and violation of laws involving storage and management of the waste, according to statements from several of 25 district attorneys offices in California involved in the case. The district attorneys' statements said Tesla cooperated with the investigation and acted to improve compliance with laws that were brought to its attention by the prosecutors. “Electric vehicles play a role in environmental betterment, yet it’s imperative to recognize that their production and maintenance yield detrimental waste," said San Joaquin County District Attorney Ron Freitas. Tesla owns and operates approximately 57 car service centers and 18 solar energy facilities in California, and manufactures electric vehicles in the San Francisco Bay Area city of Fremont.
Persons: Tesla, Ron Freitas Organizations: Tesla Inc, Associated Press, Locations: STOCKTON, Calif, California, San Joaquin County, Joaquin, San Francisco Bay Area, Fremont
Total: 25