Thursday, October 31, 2024
In 2023, Tesla's lucrative regulatory-credit sales brought in $1.8 billion, adding to a total of $9 billion since 2009. However, despite its continued dominance in the US EV market, Tesla faces challenges from competitors and China. Amid these triumphs and challenges, reports suggest potential layoffs as CEO Elon Musk assesses essential roles. If implemented, Tesla would join a trend of companies downsizing to navigate economic uncertainties.
