Tesla | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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Tesla is a leading company in the motor vehicle manufacturing industry, focused on accelerating the world's transition to sustainable energy. Headquartered in Austin, Texas, Tesla designs, manufactures, and sells electric vehicles, solar products, and energy storage solutions. The company aims to reduce reliance on fossil fuels and promote a zero-emission future through innovative technology and scalable clean energy solutions.

🛍️ Tesla Product and Pricing News →

👔 Tesla CEO, Management and Leadership Team →

⚔️ Tesla Alternatives and Competitors →

💼 Tesla Hiring and Layoffs →

🤖 Tesla Developer, Integration and Automation News →

📈 Tesla Financials, Fundraising and Valuation News →

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🛍️ Tesla Product and Pricing News

• Tesla announced the V4 Cabinet capable of delivering up to 500kW for cars and 1.2MW for Semi, with first sites opening in 2025.
• Tesla's Gigafactory Berlin has introduced the 'Giga small haus,' which is powered entirely by solar energy and the Tesla Powerwall 3.
• Tesla has officially launched in the Philippines, expanding its presence in the South East Asia region.
• Tesla's Cybercab, a robotaxi, arrives in France this week after completing over 1,300 trips at the We, Robot event.
• Tesla announced its V4 Supercharger cabinets will supply up to 500 kW to the Cybertruck and 1.2 MW to the Semi, with installations starting in 2025.

• Tesla's app now allows offline command execution when near the vehicle, requiring vehicle software version 2024.38+.
• Tesla's new battery chemistries have increased range and reduced charging times, enhancing the appeal of their vehicles.
• In 2024, Tesla's Full Self-Driving technology has significantly improved, enhancing vehicle navigation in complex urban environments.

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👔 Tesla CEO, Management and Leadership Team

• Vaibhav Taneja

  
  Chief Financial Officer
  [email protected]

• Karn Budhiraj

  
  Vice President Supply Chain
  [email protected]

• Lars Moravy

  
  Vice President
  [email protected]

• Roma Luthra

  
  Manager, Supply Chain
  [email protected]

• Grace Yuebo Zhu

  
  Director, Financial Planning and Business Operations
  [email protected]

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⚔️ Tesla Alternatives and Competitors

• Rivian Automotive Inc.
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• XPeng Inc.
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• Zeekr Intelligent Technology Holding Ltd.
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• Toyota Motor Corp.
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• Ford
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• General Motors
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• BYD Company Ltd.
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• Nio Inc.
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• Volkswagen
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• Lucid Motors
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• Hyundai
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• Kia
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• BMW
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• Honda
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• Audi

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💼 Tesla Hiring and Layoffs

• Francoise Poggi has left Tesla as EMEA HEAD OF PARTS SUPPLY CHAIN PLANNING & DISTRIBUTION in the Netherlands to join Fastned as Chief Operation Officer.
• Several top Tesla executives, including Chief Information Officer Nagesh Saldi, have left the company ahead of the Robotaxi Day event this week.
• Kiran Kumaraswamy has joined Tesla as the Global Head of Policy & Business Development- Energy & Charging in the United States, previously serving as Chief Technology Officer at BrightNight.
• Tesla is currently hiring for the position of Data Collection Lead, Autopilot in the United States.
• Tesla is currently seeking a Federal Policy Lead in the United States.

• Rebecca (Becky) Buchanan has joined Tesla as GM sales and delivery in the Las Vegas Metropolitan Area, previously holding a position at another company.
• Elon Musk has promoted Omead Afshar to Vice President of operations in North America and Europe at Tesla amid a leadership shake-up.
• Omead Afshar, a close confidant of CEO Elon Musk, is reportedly set to lead Tesla's business in Europe and the USA, taking over some responsibilities from Tom Zhu.

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🤖 Tesla Developer, Integration and Automation News

• Tesla and Uber have partnered to offer drivers $2,000 to switch to Tesla vehicles, with $1,000 in Tesla Credits and $1,000 in cash from Uber after completing 100 trips by February 15, 2025.
• Tesla has partnered with Yamada Denki to distribute its Powerwall home battery system across nearly 1,000 stores in Japan, expanding its presence in the country's energy market.
• Tesla has partnered with Aecom to design a large battery energy storage system for the Hornsea 3 offshore wind farm, set to start operations by the end of 2026.
• Tesla has partnered with Samaritan's Purse to provide solar panels for disaster response in Asheville, enhancing clean water access after Hurricane Helene.
• Tesla added a new repository called 'liblithium', a lightweight and portable cryptography library, to their GitHub.

• Intersect Power purchased 15.3 GWh of Tesla batteries to support solar/storage hybrids.

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📈 Tesla Financials, Fundraising and Valuation News

• Tesla's CFO Vaibhav Taneja sold $2 million in shares and board director Kathleen Wilson-Thompson sold $34.6 million since the elections, with Tesla shares gaining 35%.
• Tesla's third quarter results exceeded analysts' predictions, closing at its highest in 13 months with a 22% share price increase, adding $33.5 billion to Elon Musk's fortune.
• Tesla's stock rebounded after better-than-expected Q3 2024 sales, driven by reduced manufacturing costs, strong Model 3 performance, and Cybertruck sales, despite CEO Elon Musk dismissing the idea of a $25,000 non-robotaxi car as 'pointless.'
• Tesla shares surged nearly 22% on October 24, marking their largest single-day gain in over a decade, following CEO Elon Musk's optimistic forecast of significant sales growth.
• Tesla's energy division achieved a record gross margin of 30.5% in Q3 2024, with significant Powerwall deployments and Megapack production scaling up.

• Tesla plans to double its energy storage deployments in 2024, targeting 100 GWh annually, according to CFO Vaibhav Taneja.
• Tesla's energy storage business is booming while its solar business is declining.
• Tesla's energy business grew by 52% year over year, earning over $7 billion in revenue so far in 2024, and Elon Musk described it as 'growing like wildfire.'

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