SpaceX fired some employees involved in a letter that criticized Chief Executive Elon Musk and the way the company applies internal rules, according to an email to staff from SpaceX’s president and people familiar with it. Gwynne Shotwell, SpaceX’s president, said the company conducted an investigation and decided to terminate a number of employees who … Read more
Tesla Inc. TSLA -8.54% has raised the prices on some of its cars by as much as $6,000, as the electric-car maker grapples with surging costs along its supply chain. The increase comes as the car industry faces rapidly rising costs on labor, transportation, raw materials and more. It also comes shortly after Tesla Chief … Read more
Elon Musk answered questions from Twitter Inc. TWTR -2.61% employees in a company meeting Thursday, addressing issues ranging from his thoughts on content moderation to whether there would be layoffs if he completes his planned takeover of the social-media platform. The virtual meeting kicked off several minutes after its scheduled 9 a.m. Pacific time start … Read more
Elon Musk is expected to confirm his desire to own Twitter Inc. TWTR 2.07% when he speaks to the social-media company’s employees on Thursday, according to a person familiar with the matter. The billionaire Tesla Inc. chief executive is slated to answer pre-submitted employee questions for roughly an hour at a virtual Twitter all-hands meeting … Read more
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In the three weeks since Mr. Musk cited fake accounts as a reason for putting his planned $44 billion acquisition of Twitter Inc. TWTR 0.63% “on hold,” observers and participants in the deal have puzzled over the thinking behind the tycoon’s comments. The issue isn’t new for Mr. Musk, who has complained for years about … Read more
Tesla Inc. plans to cut 10% of its salaried workforce amid concerns about the global economy and following a hiring spree that has seen the company’s head count swell 45% in one year alone. Chief Executive Elon Musk informed workers about the head count reduction in a memo, saying Friday the electric auto maker had … Read more
Retailers cut staff in May as they struggled with bloated inventories and the squeeze from high inflation, while employers more broadly staffed up ahead of summer, including strong hiring at hotels, restaurants and entertainment venues. The retail sector shed 61,000 jobs in May, an outlier in the labor market that added 390,000 workers to payrolls … Read more
NASA chose Axiom Space Inc. and Collins Aerospace to provide it with new astronaut suits, as the agency pushes to replace decades-old hardware and spur more commercial activity in space. Newsletter Sign-up The 10-Point. A personal, guided tour to the best scoops and stories every day in The Wall Street Journal. Officials from the National … Read more
In 2011, billionaire Elon Musk said he would put a man on Mars in 10 years. More than a decade later, the Internet now wants answers. Musk has often talked about wanting to make humans a “multi-planetary species” and establish a colony on the red planet. SpaceX, his spacecraft engineering company, is already developing a … Read more