Enterprise

Former board member Steve Westly has raised concerns about Elon Musk’s divided focus and its impact on Tesla. According to Westly, Musk’s involvement in various ventures is leading to a lack of focus on Tesla’s core business. This lack of focus, he argues, is contributing to Tesla falling behind its competitors in the electric vehicle
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Tesla, the electric-vehicle maker, recently announced that it will be cutting approximately 600 more employees at its manufacturing facilities and engineering offices in California. This latest round of layoffs spans various departments and roles, impacting factory workers, software developers, and robotics engineers. The company has been restructuring its workforce since January due to weakening demand
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India is perceived as providing a very favorable environment for companies looking to launch initial public offerings (IPOs), according to Shailendra Singh, managing director at Peak XV Partners. Singh emphasized the positive aspects of the Indian public markets, highlighting the efficacy of the regulatory framework established by authorities like the Securities and Exchange Board of
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Tesla, the electric vehicle giant, is currently facing a lawsuit from the nonprofit Environmental Democracy Project for what they claim is an ongoing failure to comply with the Clean Air Act at their assembly plant in Fremont, California. The lawsuit, filed in federal court in San Francisco, accuses Tesla of violating the law multiple times
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