Thursday, November 21, 2024
Tesla faces a recall after NHTSA notification about warning light text size issues. Media debates labeling minor updates as "recalls." Tesla's swift response includes an over-the-air update, sparking curiosity about NHTSA's mail approach. Owners urged to contact Tesla and NHTSA.
District Attorneys from eight Bay Area counties and 17 others filed the suit against Tesla, prompting the electric vehicle maker to commit to better waste management practices. Tesla will also adhere to a five-year injunction requiring staff training and third-party evaluations.
Recent developments suggest possible layoffs looming at Tesla as managers evaluate job criticality amidst canceled performance reviews, raising concerns among employees. With shares down 26% in 2024 despite 2023 growth, Tesla's workforce doubling since 2020 faces uncertainty, while reports hint at ongoing recruitment amid internal restructuring efforts.
In 2025, Tesla is planning to launch an affordable compact crossover electric vehicle, targeting the mass market. Speculation is growing that it may become Tesla's most competitively priced offering. The new model, codenamed "Redwood," is set for production by mid-2025, resembling a small crossover.
