Ford Motor Co is undergoing one the biggest transitions in the company’s history with plans of building more software-defined electric vehicles. The automaker plans to sell 600,000 electric vehicles by 2023 and 2 million by 2026. But to reach its electrification targets over the next several years, Ford plans to reduce costs and become a much leaner company.
Eric Walz2022-09-28 12:00 PT
Tesla Chief Executive Elon Musk announced that he wants to reduce Tesla’s workforce by 10%, equal to roughly 10,000 jobs. Musk cites economic uncertainty for the plans to reduce Tesla’s workforce and wrote that he has a "super bad feeling" about the economy in the email to executives.
Eric Walz2022-07-10 09:30 PT
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