15 Apr 2024 | Tesla’s Historic Layoff, GM’s $3.5B Indiana Battery Plant and Kia Helps Dealers Sell EVs
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 15 April 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
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Tesla Reduces Global Staff by Over 10% https://evne.ws/4axeob9
Transcript
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| 0:00.0 | Welcome back to EV News Daily coming up today. Tesla's largest layoff in their history. |
| 0:04.6 | GM's $3.5 billion Indiana Battery Plant and Kia helps dealers sell EVs. |
| 0:10.0 | Plus stay tuned because later in the show. I'll tell you what renewables milestones are being |
| 0:14.4 | hit not only in California but across the US. Well, good morning, good afternoon or good |
| 0:19.3 | evening. Wherever you are in the world. |
| 0:24.9 | Welcome to Evie News Daily. This is your trusted source of EV information for Monday 15th of April. |
| 0:30.2 | I'm Martin Lee, and I go through every EV story, so you don't have to. We're live at 5pm, UK. |
| 0:34.8 | That's Midday Eastern. Patreon supporters get the shows as soon as they're ready and add free. |
| 0:37.8 | Be like them by clicking on a link in the show notes. |
| 0:41.8 | We'll start with Correction Corner, not been over here for a while, actually, but a mistake that I made on Friday, which was to talk about how right-hand drive models, Australia would |
| 0:46.4 | be the first market for right-hand drive forward F-150 lightnings, which is very excited about. |
| 0:52.8 | And I got very excited because we only get the |
| 0:54.5 | plug-in hybrid Ranger coming later this year to our right-hand drive market. Thank you very much to |
| 0:59.5 | one of my fine listeners who immediately pointed out. They're not doing that. It is a run of |
| 1:04.6 | hand-built right-hand drive versions. They're not factory-built right-hand drive. It's not going to |
| 1:09.5 | be the star of a right-hand drive rollout of the F-150 Lightning direct from Ford, but an Aussie shop who will be doing the |
| 1:15.4 | conversions. So, stand down as you were. Let's start with news of Tesla reducing its global staff |
| 1:21.2 | by over 10%. Well, Tesla announcing in an internal email that it will cut more than 10% of |
| 1:27.1 | their global workforce, |
| 1:28.6 | affecting at least 140,000 employees out of approximately 140,000 for some context on today's |
| 1:35.3 | breaking news. The company recently instructed managers to identify essential personnel, |
| 1:40.2 | while putting a halt to some stock rewards and canceling certain annual employee reviews. |
... |
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