Tesla targets 400 job cuts in Germany amid weak EV market
Tesla said the currently weakening market for electric cars is presenting the company with challenges.
Read moreRenault says new models will lift 2024 sales; Q1 revenue rises 1.8%
Renault is benefiting from robust prices and cost discipline with demand for a range of models such as the electric Megane E-Tech countering slower EV sales.
Read moreTesla cuts marketing team a year after Elon Musk said it will try advertising
Tesla slashed a newly formed marketing team as part of companywide layoffs, reversing course from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago.
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