Login
HomeNews & Reviews
NewsLatest NewsTechnologyCar NewsElectric CarsBike News

ComparisionMotorsportUpcoming CarsBusiness NewsOpinion
ReviewsCar ReviewsFirst DriveBike ReviewsComparisonRoad Test
Latest News
MG Windsor EV 38 kWh In-Depth Review: City Friendly EV Offers Much ValueTriumph Scrambler 400 X Offered With Free 10 Year Warranty Till May 312026 Ducati DesertX & Monster To Get 890 cc V-Twin EngineMercedes-Benz India Announces Staggered Price Hike For Models Between June And September 2025MG Windsor EV Pro Bags 8,000 Bookings In 24 Hours; Price Now Hiked By Rs. 60,000
Videos
Expert Reviews
Car ReviewsBike ReviewsFirst Look
News & Episodes
The car&bike NewsThe car&bike ShowIn Conversation With
Categories
TravelogueThe car&bike AwardsCar Crash Tests
Latest Videos
MG Windsor EV Real-World Range Tested: 3 Things We Like And 3 Things We Don’t!Kia Syros Review | 3 Reasons | Features, Specifications, Pricing and RivalsKia Syros Review | 3 Reasons | Features, Specifications, Pricing and Rivals
New Cars
Explore
Find CarsCompare CarsUpcoming CarsFind Car DealersFind Car Service Centers
Research
Newly Launched CarsElectric CarsPopular CarsAutomatic CarsBest Mileage Cars
Trending Cars
2025 Toyota CamryKia SyrosMahindra BE 6Mahindra XEV 9eMercedes-Benz G 580 EV
Popular Car Comparision
Kia Seltos vs Hyundai CretaHyundai Verna vs Honda CityMaruti Suzuki Fronx vs Maruti Suzuki BalenoMaruti Suzuki Brezza vs Tata NexonMaruti Suzuki Jimny vs Mahindra Thar
Upcoming Cars
Hyundai PalisadeSkoda KamiqTata New AltrozJeep Grand WagoneerLexus New LBX
By Budget
Cars Under ₹ 10 LakhCars Under ₹ 15 LakhCars Between ₹ 15 - ₹ 25 LakhCars Between ₹ 25 - ₹ 40 LakhCars Over ₹ 40 Lakh
By Lifestyle
Affordable CarsAdventure CarsHatchback CarsSedan CarsSUV Cars
By Brand
Tata CarsMaruti Suzuki CarsKia CarsMahindra CarsHyundai Cars
New Bikes
Explore
Find BikesCompare BikesUpcoming BikesFind Bike DealersFind Bike Service Centers
Research
Newly Launched BikesElectric BikesPopular BikesAdventure BikesBest Mileage Bikes
Trending Bikes
Ducati Panigale V4TVS RoninHero Vida V2Bajaj Freedom 125 CNGTriumph Scrambler 400 X
Popular Bike Comparisions
Honda Activa 125 FI vs TVS Ntorq 125Honda Activa 6G vs TVS JupiterHonda Activa 125 vs TVS JupiterBajaj Pulsar RS 200 vs Hero Karizma ZMRTVS Apache RR 310 vs Royal Enfield Bullet 350
Upcoming Bikes
Bajaj 2025 Dominar 400Indian New ChieftainKTM 390 SMC RHusqvarna Vitpilen 401Benelli New TNT 300
By Budget
Bikes Between ₹ 50K - ₹ 70KBikes Between ₹ 70K - ₹ 1LBikes Between ₹ 1L - ₹ 3LBikes Above ₹ 3L
By Lifestyle
Affordable BikesCommuter BikesScootersSports BikesCruiser Bikes
By Brand
Royal Enfield BikesHero BikesHonda BikesTVS BikesYamaha Bikes
Used Cars
Used Cars by Budget
Used Cars Under ₹ 3 LakhUsed Cars Under ₹ 5 LakhUsed Cars Under ₹ 8 LakhUsed Cars Under ₹ 10 Lakh
Used Cars by Model
Used Maruti Suzuki Wagon RUsed Maruti Suzuki SwiftUsed Mahinda ScorpioUsed Maruti Suzuki Swift Dzire
Used Cars by Brand
Used Maruti Suzuki CarsUsed Hyundai CarsUsed Mahindra CarsUsed Honda Cars
Used Cars by Body Type
Used SUVUsed HatchbackUsed SedanUsed MUV
Used Cars by Fuel
Used Petrol CarsUsed Diesel CarsUsed Petrol & CNG CarsUsed Electric Cars
Used Cars by Transmission
Used Manual CarsUsed Automatic CarsUsed AMT Cars
Used Car in Top Cities
Used Cars in DelhiUsed Cars in PuneUsed Cars in NoidaUsed Cars in Mumbai
More on Used Cars
Valuate Your CarIndian Blue BookDownload Latest IBB ReportUsed Car Dealers
Sell CarAwards 2025

Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report

The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.
Calendar-icon

By Reuters

clock-icon

1 mins read

Calendar-icon

Published on December 31, 2022

Follow us on

google-news-icon
Story

Highlights

    Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter.

    Tesla is also going to freeze hiring, according to the report. The company did not immediately respond to a Reuters request for comment.

    Shares of Tesla rose 1% to $139.25 in trading before the bell.

    The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter, the social media platform he bought for $44 billion in October.

    Moreover, Tesla analysts have also cut their price targets on the stock worried that weakness in demand from China will weigh on the EV maker's deliveries next year.

    Musk in June said Tesla would reduce its salaried workforce by roughly 10% over the next three months.

    (Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta and Shailesh Kuber)

    # Tesla# Auto Industry# Electric Cars# Cars
    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

    Related Articles

    • Exclusive! We have driven the Tesla Cybertruck in India. It’s mad. It’s futuristic. It is unlike anything else on the road.
      Tesla Cybertruck Cyberbeast – Driven in India: Unlike Anything Else
    • American giant Tesla says it wants to target the Indian middle class but is waiting for the right opportunity with respect to tariffs.
      Tesla Cautious About India Entry Plans: 100% Tariff "Creates Anxiety" Among Buyers
    • The Model Y is expected to be one of the models under consideration for the Indian market.
      Tesla Model Y Facelift (Juniper) Spied Testing In India For The First Time
    • Job openings on Tesla’s careers page for India hint that the brand could again be considering an India entry.
      Tesla Lists Openings In India For Sales, Services Staff; India Launch Soon?
    • Codenamed ‘Juniper’ this is the first update for the Model Y which went on sale in 2019. This facelift comes at a time when Tesla sales figures were dropping.
      Tesla Model Y Facelift Revealed For China; Carries Cybertruck Influence And Improved Performance

    Latest News

    • The motorcycle was otherwise offered with a standard warranty of 2 years/ unlimited kilometres
      Triumph Scrambler 400 X Offered With Free 10 Year Warranty Till May 31
    • The new Monster, as well as the new DesertX will get the new 890 cc, 90-degree, v-twin engine which is currently used in the Panigale V2 and Multistrada V2.
      2026 Ducati DesertX & Monster To Get 890 cc V-Twin Engine
    • The company chalks up its decision to increasing forex rates, which went up by approximately 10 per cent over the past four months
      Mercedes-Benz India Announces Staggered Price Hike For Models Between June And September 2025
    • After the price hike, the MG Windsor EV Pro is now priced at Rs. 18.10 lakh (ex-showroom).
      MG Windsor EV Pro Bags 8,000 Bookings In 24 Hours; Price Now Hiked By Rs. 60,000
    • The Ducati Panigale V4 R is the brand’s flagship track-focussed superbike that sits between the Panigale V4 S and Ducati’s MotoGP bikes.
      2026 Ducati Panigale V4 R Likely To Be Introduced
    • According to what we’ve been told, the motorcycle will be notably more expensive than the Scrambler 400 X, while sporting a few changes on the cosmetic front
      Triumph Scrambler 400 XC Coming Soon: All We Know So Far
    • The Kia Clavis is essentially the facelifted Carens that will be sold alongside the latter as a more premium offering. But just how different are they?
      Kia Carens Clavis vs Kia Carens: What’s Different?
    • The Speed Triple RX will most likely be a more feature-packed and sportier version of the Speed Triple RS
      Triumph Speed Triple RX Teased; Global Unveil On May 13
    • Available in seven trim levels – HTE, HTE(O), HTK, HTK+, HTK+(O), HTX and HTX+, here’s what each trim of the Clavis offers on the features front.
      Kia Carens Clavis: Variants Explained
    • Along with the faired CBR650R, its naked sibling too will be offered with an E-Clutch version.
      Honda CB650R E-Clutch Teased; India Launch Soon