Tag

Giga Berlin

All articles tagged with #giga berlin

business1 year ago

"Tesla's Employment Woes: From Layoffs to Stock Slides"

Tesla Giga Berlin denies rumors of 3,000 job cuts, stating that the claim has no basis and workers have not been notified of any pending job cuts. However, signs indicate that Tesla is considering layoffs in Giga Berlin, with sources suggesting that less than 10% of the 12,500 workers may be affected. The company has already informed some sales team members in China about redundant roles. Local media outlets had reported the potential impact of Tesla's job cuts on Giga Berlin, but the Frankfurt employment agency and works council have not received any information about such plans.

technology1 year ago

"Securing Your Tesla: Managing Music Services and Content Visibility"

Tesla's latest update brings the ability to hide unused music services and explicit content, as well as changes to WiFi and Bluetooth menus. Additionally, Elon Musk announced plans to produce the Tesla Semi in Europe at Giga Berlin, aligning with the company's expansion goals. The update also includes changes to turn signal icons and the introduction of a new WiFi menu, reflecting Tesla's ongoing efforts to refine its software and enhance user experience.

businesstechnology1 year ago

"Elon Musk Tours Resumed Giga Berlin Production Post Arson Attack"

Tesla CEO Elon Musk visited the Giga Berlin factory in Germany as production resumed following an arson attack that caused a week-long shutdown. Musk celebrated the facility coming back online and addressed employees, expressing gratitude for their hard work. The arson attack, claimed by a far-left activist group, disrupted Tesla's production goals and incurred significant damages. Musk criticized the attackers as "extremely dumb" and emphasized the importance of electric vehicle production for environmental goals.

business1 year ago

"Elon Musk Tours Tesla's Giga Berlin Post-Arson Attack"

Elon Musk visited Tesla Giga Berlin after an arson attack and power outage, addressing employees and expressing support despite recent challenges. The visit comes after a vote against Tesla's expansion plans and ongoing opposition from some local residents and environmentalists. Musk's visit aimed to show solidarity with Giga Berlin and its employees, following the recent arson attack and production halt.

businesstechnology1 year ago

"Elon Musk Visits Restored Tesla Gigafactory in Berlin Amid Production Resumption"

Tesla CEO Elon Musk is reportedly set to visit Giga Berlin-Brandenburg this week, where he will meet with officials including Brandenburg Prime Minister Dietmar Woidke and Economics Minister Jörg Steinbach. The visit comes after an alleged arson attack forced the facility to shut down its Model Y production, claimed by the "Vulcan Group," which is strongly anti-Tesla. Musk strongly criticized the group behind the attack, calling them "the dumbest eco-terrorists on Earth" and emphasizing the importance of electric vehicle production for environmental goals.

businesstechnology1 year ago

"Protests, Power, and Damage: The Ongoing Saga of Tesla's Giga Berlin"

Anti-Tesla protesters in Germany called for the gradual dismantling of Giga Berlin, demanding expropriation, strikes, and looting, while supporters held a counter-protest in favor of Tesla's presence in the area. The anti-Tesla protest, which included leftists, environmentalists, and anarchists, numbered about 800 and featured calls for the factory's demolition. Meanwhile, Tesla employees at Giga Berlin showed solidarity following a suspected arson attack, and police filed criminal charges during the anti-Tesla demonstration, including for masked individuals and a banned salute.

businesstechnology1 year ago

"Tesla Giga Berlin Set to Regain Power Amidst Controversy"

Tesla Giga Berlin's power outage, caused by an arson attack on a power substation, may be resolved sooner than expected, with power potentially being restored on Monday evening, according to E.DIS' managing director. The arson attack, claimed by a left-wing extremist group, has halted production at the factory, causing significant economic damage. German authorities are investigating the incident, which also affected critical infrastructure in neighboring districts.

businesstechnology1 year ago

"Tesla Giga Berlin Faces Extended Production Halt Due to Suspected Arson and Power Outage"

Tesla Giga Berlin's production halt, caused by an arson attack on a power substation, is expected to extend into next week due to complicated repairs to the damaged power line, resulting in estimated economic damages in the high nine-figure range and downtime costs of several hundred million euros. The Vulcan Group, a left-wing extremist group, claimed responsibility for the attack, aiming to stop Giga Berlin production, and authorities have confirmed the authenticity of their letter.

business-automotive1 year ago

"Tesla Stock Hits Lowest After Suspected Sabotage and Factory Halt"

Tesla's stock hit its lowest point since May 2023 after its Giga Berlin factory halted production due to a suspected arson attack causing a power outage, leading to a 3.9% drop in stock value. This setback follows concerns over lackluster China shipments and price cuts, with February shipments dropping 16% from the previous month and 19% from a year ago. Goldman analyst Mark Delaney cut profit outlook for Tesla, citing sinking margins due to price cuts, but remains positive about the company's long-term growth potential.

business2 years ago

Tesla Faces Stock Drop and Production Halt in China and Berlin

Tesla's stock fell 4% after announcing price cuts in China and idling production at its Giga Berlin factory due to Red Sea-related supplier disruptions. The company's stock has dropped more than 12% this year, following a doubling in 2023. Tesla's price cuts in China have led to increased competition, with rivals like NIO and BYD announcing new models. The Giga Berlin plant's suspension of production is due to a lack of components and parts coming from suppliers using the Red Sea transport routes, impacting Tesla's supply chain.

business2 years ago

Tesla Slashes Prices in China, Halts Berlin Production

Tesla stock dropped 4% following price cuts in China and production stoppage in Berlin due to Red Sea-related supplier disruptions. The company announced new pricing for its Model 3 and Model Y in China, with the Model 3 seeing a 5.9% cut and the Model Y getting a 2.8% price reduction. The Giga Berlin plant in Germany suspended most production due to a lack of components and parts coming from suppliers using the Red Sea transport routes. This disruption is expected to lead to longer lead times and gaps in supply chains.

business2 years ago

Tesla Faces Labor Woes in Nordic Countries

Hydro Extrusions, a supplier for Tesla's Giga Berlin plant, has been permitted to reduce its workforce due to an ongoing union strike by Swedish union IF Metall. The strike has halted deliveries to Tesla for almost two weeks, causing concerns for the company's business with the EV maker. Hydro Extrusions CEO Jonas Bjuhr expressed worries about losing Tesla as a customer and the potential impact on the growing market for aluminum parts for electric cars. While only about 20 employees are currently covered by the strike, the company has been given permission to reduce its headcount if necessary. IF Metall argues that Hydro Extrusions willingly took a risk by doing business with a company without a collective agreement, targeting Tesla's factory in Berlin to increase pressure on the American group.

automotive2 years ago

Tesla's Giga Berlin to Manufacture Affordable $27,000 EV

Tesla plans to build an affordable electric vehicle (EV) priced at around $27,000 at its Giga Berlin plant, according to CEO Elon Musk. The company is developing a fabrication technology that would allow for the production of the car's underbody in one piece, reducing costs and speeding up production. Meanwhile, Tesla workers in Germany have received a 4% wage increase amid unionization efforts by the IG Metall union. Tesla is the only major carmaker in Europe without union representation on the factory floor.

business2 years ago

German Chancellor Backs Tesla Giga Berlin Expansion to Boost Green Tech Investment and Revive Economy

German Chancellor Olaf Scholz has expressed support for Tesla's expansion plans for its battery plant in Gigafactory Berlin, stating that it is important to retain such companies in Germany and maintain prosperity. Tesla has requested approval for upgrades to the site, including the construction of a battery cell testing lab and the expansion of water recycling systems. However, the expansion plans have faced criticism due to the facility being in a water protection zone, with concerns raised about the impact on groundwater. Tesla aims to double production capacity to 1 million cars per year without increasing water consumption through the treatment and reuse of wastewater.