Tesla laying off more than 10% of workforce. Here's why
The Bay Area automaker said that within the last couple of months, it’s seen fewer than expected deliveries, a falling stock price, and mounting complaints about its new cybertruck.
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Silicon Valley Bank Rocked, Bank Shares Plummet
A financial free fall is happening right now in the Bay Area. One of the most trusted local banks is in trouble and now there’s growing concern that some companies are withdrawing their funds, w... -
Meta Planning Thousands of More Cuts After Widespread Layoffs, Report Says
The layoffs could begin this week and affect thousands of employees.
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SF Metro Area Pandemic Recovery Among Worst in US Among Largest Metro Areas
San Francisco’s recovery from the throes of the COVID-19 pandemic is one of the worst in the country among major metropolitan areas, according to an economic recovery tracker launched Tuesday by... -
Tesla Recalls 362,758 Vehicles, Says Full Self-Driving Beta Software May Cause Crashes
The Tesla recall notice was posted on the on the website of the National Highway Traffic Safety Administration on Thursday.