Tesla’s abrupt decision to lay off its electric-vehicle charging team and reduce its investments in public charging is a blow to the U.S. network, which has long relied on Elon Musk to build the bulk of the country’s fast chargers.
The sudden layoffs this week left Tesla construction vendors uncertain whether to carry on with the charging projects they were building, though one vendor said the company has since confirmed that existing projects should continue.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla is no longer predicting a rebound in its electric…
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The US is confronting an increased risk of recession as President Donald Trump’s trade war pushes the global economy into a “significant slowdown”, the IMF has warned, with the fund’s…
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kemi Badenoch has said the local elections next week will…
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gold hit a record $3,500 a troy ounce for the…
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Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street stocks and the dollar tumbled amid mounting uncertainty…
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was a mark of the humanity that typified his…
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