US: Massive 37-Vehicle Pileup Shuts Down Interstate 81 in LaFayette, New York

A massive 37-vehicle pileup caused by snow and limited visibility shut down Interstate 81 in LaFayette, south of Syracuse on Thursday, January 15, sending seven people to local hospitals. State police closed the highway in both directions for several hours to allow emergency responders to reach the scene of the chain-reaction crash.

Action By The Inter-Union Group Of Farmers In Toulouse

Action By The Inter-Union Group Of Farmers In Toulouse

CRS officers in front of the laid-down crosses. Symbolic crosses for the 106 cows slaughtered due to contagious nodular dermatitis are placed in front of the closed door of the Toulouse Prefecture. Action by the farmers union against the government s management of contagious nodular dermatitis (DNC) and the slaughter of herds. Joint mobilization bringing together the Coordination Rurale (CR), the Departmental Federation of Farmers Unions (FDSEA), the Young Farmers (JA) and the Confederation Paysanne. Palais de Justice, Capitole, and Prefecture: symbolic crosses for the 106 cows slaughtered due to contagious nodular dermatitis. France, Toulouse, January 3, 2026. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

China: Cat Accidentally Locked Inside Freezer Caught on Camera

On February 13, 2023, in Songyuan, northeastern China’s Jilin province, a video shows a woman placing items into her refrigerator. While she was arranging the food, a small house cat quietly climbed into the lower freezer drawer beneath the main compartment. Unaware the cat was inside, the woman closed the refrigerator and sat down to check her phone. Moments later, a loud meow from the fridge caught her attention. She rushed back and opened the freezer drawer, where the cat emerged, walking stiffly and unsteadily from the cold. The clip ends as the cat moves away, leaving the open drawer and empty freezer behind.

China: Black Swan Seen Scooping Leaves in Reverse at Zhaotong University

On November 15, 2025, in Zhaotong, Yunnan, a video captured the unusual sight of a black swan at Zhaotong University moving backward across a pond while repeatedly scooping leaves toward the shore.

US: First Snow of Season Hits Utah Mountains, Forces Road Closure 2

First snow of the season was reported in Utah mountain area as a cold front swept through the area, bringing temperatures down. Due to weather conditions, Guardsman Pass, which connects Big Cottonwood Canyon to Park City, has been closed until Sunday, according to the Utah Department of Transportation.

US: First Snow of Season Hits Utah Mountains, Forces Road Closure

First snow of the season was reported in Utah mountain area as a cold front swept through the area, bringing temperatures down. Due to weather conditions, Guardsman Pass, which connects Big Cottonwood Canyon to Park City, has been closed until Sunday, according to the Utah Department of Transportation.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

World Athletics Championships Tokyo 2025

World Athletics Championships Tokyo 2025

Yaroslava Mahuchikh of Ukraine lies down with her eyes closed during an interval in the women's high jump final at the World Athletics Championships at the National Stadium in Tokyo on Sept. 21, 2025.

ICE Raids Spark Protest Riot - LA

ICE Raids Spark Protest Riot - LA

Law enforcement officers walk down a closed stretch of a freeway in Los Angeles, California, on June 8, 2025. Demonstrations intensified after a Home Depot raid led to clashes between law enforcement and community members. The Trump administration's decision to deploy 2,000 National Guard troops against the will of city officials. Photo by Lauren Puente/Middle East Images/ABACAPRESS.COM

ICE Raids Spark Protest Riot - LA

ICE Raids Spark Protest Riot - LA

Law enforcement officers walk down a closed stretch of a freeway in Los Angeles, California, on June 8, 2025. Demonstrations intensified after a Home Depot raid led to clashes between law enforcement and community members. The Trump administration's decision to deploy 2,000 National Guard troops against the will of city officials. Photo by Lauren Puente/Middle East Images/ABACAPRESS.COM

ICE Raids Spark Protest Riot - LA

ICE Raids Spark Protest Riot - LA

Law enforcement officers walk down a closed stretch of a freeway in Los Angeles, California, on June 8, 2025. Demonstrations intensified after a Home Depot raid led to clashes between law enforcement and community members. The Trump administration's decision to deploy 2,000 National Guard troops against the will of city officials. Photo by Lauren Puente/Middle East Images/ABACAPRESS.COM

Mass Electrical Outage - Spain

Mass Electrical Outage - Spain

A National Police car drives down a darkened street during the widespread power blackout in the eastern Seville neighborhood. On April 28, 2025, in Seville (Andalusia, Spain). Trains at a standstill, subways closed, road traffic paralyzed, flights canceled, communications partially cut... the Iberian Peninsula suffered an unprecedented blackout shortly after midday on Monday April 28. The causes have not yet been established. Photo by Rocío Ruz/Europa Press/ABACAPRESS.COM

Mass Electrical Outage - Spain

Mass Electrical Outage - Spain

A fire engine drives down a darkened street during the widespread power blackout in Triana. On April 28, 2025, in Seville (Andalusia, Spain). Trains at a standstill, subways closed, road traffic paralyzed, flights canceled, communications partially cut... the Iberian Peninsula suffered an unprecedented blackout shortly after midday on Monday April 28. The causes have not yet been established. Photo by Joaquin Corchero/Europa Press/ABACAPRESS.COM

Guatemala: Volcano of Fire Eruption Puts 30,000 at Risk

Guatemala's Volcano of Fire has erupted, leading to the evacuation of approximately 300 families. Authorities have issued warnings that an additional 30,000 people in the surrounding area may be in danger. As of now, there are no reported casualties. Schools in the area are closed, and a major road has been shut down.

Japan: Expressway Closed Due To Snow And Multi-Car Accident In Niigata

Parts of the southbound lane of the Kan-Etsu Expressway were shut down due to an accident involving multiple cars on Monday, February 17, snarling traffic. The northbound lane was also closed due to heavy snowfall that required concentrated snow removal.

Japan: Expressway Closed Due To Snow And Multi-Car Accident In Niigata 2

Parts of the southbound lane of the Kan-Etsu Expressway were shut down due to an accident involving multiple cars on Monday, February 17, snarling traffic. The northbound lane was also closed due to heavy snowfall that required concentrated snow removal.

XINHUA PHOTOS OF THE DAY

XINHUA PHOTOS OF THE DAY

(240806) -- BEIJING, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Pedestrians pass a screen showing real-time stock market information in Tokyo, Japan, Aug. 5, 2024. Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 percent, the worst intraday losses in history. The 225-issue Nikkei Stock Average plunged to its lowest level this year by ending the day at 31,458.42, down 4,451.28 points, or 12.40 percent from Friday, refreshing its record intraday drop which was previously seen at 3,836 points in the "Black Monday" crash in 1987. The broader TOPIX index, meanwhile, also ended significantly lower by finishing 310.45 points, or 12.23 percent, lower at 2,227.15. Photo by Xinhua/ABACAPRESS.COM/Yue Chenxing)

JAPAN-TOKYO-STOCKS-PLUMMET

JAPAN-TOKYO-STOCKS-PLUMMET

(240805) -- TOKYO, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A pedestrian passes a screen showing real-time stock market information in Tokyo, Japan, Aug. 5, 2024. Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 percent, the worst intraday losses in history. The 225-issue Nikkei Stock Average plunged to its lowest level this year by ending the day at 31,458.42, down 4,451.28 points, or 12.40 percent from Friday, refreshing its record intraday drop which was previously seen at 3,836 points in the "Black Monday" crash in 1987. The broader TOPIX index, meanwhile, also ended significantly lower by finishing 310.45 points, or 12.23 percent, lower at 2,227.15. Photo by Xinhua/ABACAPRESS.COM/Yue Chenxing)

JAPAN-TOKYO-STOCKS-PLUMMET

JAPAN-TOKYO-STOCKS-PLUMMET

(240805) -- TOKYO, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A pedestrian passes a screen showing real-time stock market information in Tokyo, Japan, Aug. 5, 2024. Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 percent, the worst intraday losses in history. The 225-issue Nikkei Stock Average plunged to its lowest level this year by ending the day at 31,458.42, down 4,451.28 points, or 12.40 percent from Friday, refreshing its record intraday drop which was previously seen at 3,836 points in the "Black Monday" crash in 1987. The broader TOPIX index, meanwhile, also ended significantly lower by finishing 310.45 points, or 12.23 percent, lower at 2,227.15. Photo by Xinhua/ABACAPRESS.COM/Yue Chenxing)

JAPAN-TOKYO-STOCKS-PLUMMET

JAPAN-TOKYO-STOCKS-PLUMMET

(240805) -- TOKYO, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A pedestrian passes a screen showing real-time stock market information in Tokyo, Japan, Aug. 5, 2024. Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 percent, the worst intraday losses in history. The 225-issue Nikkei Stock Average plunged to its lowest level this year by ending the day at 31,458.42, down 4,451.28 points, or 12.40 percent from Friday, refreshing its record intraday drop which was previously seen at 3,836 points in the "Black Monday" crash in 1987. The broader TOPIX index, meanwhile, also ended significantly lower by finishing 310.45 points, or 12.23 percent, lower at 2,227.15. Photo by Xinhua/ABACAPRESS.COM/Yue Chenxing)

JAPAN-TOKYO-STOCKS-PLUMMET

JAPAN-TOKYO-STOCKS-PLUMMET

(240805) -- TOKYO, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Pedestrians pass a screen showing real-time stock market information in Tokyo, Japan, Aug. 5, 2024. Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 percent, the worst intraday losses in history. The 225-issue Nikkei Stock Average plunged to its lowest level this year by ending the day at 31,458.42, down 4,451.28 points, or 12.40 percent from Friday, refreshing its record intraday drop which was previously seen at 3,836 points in the "Black Monday" crash in 1987. The broader TOPIX index, meanwhile, also ended significantly lower by finishing 310.45 points, or 12.23 percent, lower at 2,227.15. Photo by Xinhua/ABACAPRESS.COM/Yue Chenxing)

JAPAN-TOKYO-STOCKS-PLUMMET

JAPAN-TOKYO-STOCKS-PLUMMET

(240805) -- TOKYO, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A pedestrian passes a screen showing real-time stock market information in Tokyo, Japan, Aug. 5, 2024. Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 percent, the worst intraday losses in history. The 225-issue Nikkei Stock Average plunged to its lowest level this year by ending the day at 31,458.42, down 4,451.28 points, or 12.40 percent from Friday, refreshing its record intraday drop which was previously seen at 3,836 points in the "Black Monday" crash in 1987. The broader TOPIX index, meanwhile, also ended significantly lower by finishing 310.45 points, or 12.23 percent, lower at 2,227.15. Photo by Xinhua/ABACAPRESS.COM/Yue Chenxing)

Tokyo stocks close mixed on rising interest rates, positive U.S. futures

STORY: Tokyo stocks close mixed on rising interest rates, positive U.S. futures SHOOTING TIME: May 28, 2024 DATELINE: May 29, 2024 LENGTH: 00:01:51 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of Tokyo Stock Exchange 3. various of securities company STORYLINE: Tokyo stocks closed mixed on Tuesday amid concerns over rising long-term interest rates in Japan, while the market's downside was buoyed by positive U.S. stock futures. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 44.65 points, or 0.11 percent, from Monday at 38,855.37. The broader Topix index, meanwhile, finished 2.14 points, or 0.08 percent, higher at 2,768.50. Market watchers here noted the yield on the benchmark 10-year Japanese government bond briefly rose 0.015 percentage point from Monday's close to 1.035 percent, its highest level since April 2012, amid speculation that the Bank of Japan is shifting away from monetary easing measures. The Nikk

Tokyo stocks end lower over higher Japanese interest rates

STORY: Tokyo stocks end lower over higher Japanese interest rates SHOOTING TIME: recent footage DATELINE: May 23, 2024 LENGTH: 00:01:13 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of Tokyo Stock Exchange STORYLINE: Tokyo stocks closed lower on Wednesday, weighed down by concern over higher borrowing costs after Japan's benchmark bond yield touched the 1 percent threshold for the first time in around 11 years. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 329.83 points, or 0.85 percent, from Tuesday at 38,617.10. The broader Topix index, meanwhile, finished 22.36 points, or 0.81 percent, lower at 2,737.36. The yield on Japan's benchmark 10-year government bond hit 1 percent on Wednesday for the first time since May 2013 amid speculation that the Bank of Japan is moving to normalize its monetary policy, sending stocks lower by fueling concern over higher borrowing costs, analysts said. Market watchers here noted stocks

US: Tornadoes Touch Down In Iowa, Leaving Devastating Damage

Multiple tornadoes touched down in Iowa on Friday, April 26, leaving devastating damage and more than 10,000 homes without power. Parts of highway 34 were closed due to debris blocking the road, according to reports.

US: Tornadoes Touch Down In Iowa, Leaving Devastating Damage 2

Multiple tornadoes touched down in Iowa on Friday, April 26, leaving devastating damage and more than 10,000 homes without power. Parts of highway 34 were closed due to debris blocking the road, according to reports.

JAPAN-TOKYO-STOCK MARKET-FALL

JAPAN-TOKYO-STOCK MARKET-FALL

(240425) -- TOKYO, April 25, 2024 (Xinhua) -- People walk past screens displaying stock market information in Tokyo, Japan, April 25, 2024. Tokyo stocks closed significantly lower on Thursday, snapping a three-day winning streak, as investors took steps to lock in gains amid concerns over corporate performance. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 831.60 points, or 2.16 percent, from Wednesday to close the day at 37,628.48. The broader Topix index, meanwhile, finished 47.20 points, or 1.74 percent, lower at 2,663.53. (Xinhua/Zhang Xiaoyu)

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on March 28 2022 in Los Angeles CA, USA. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Illustration of a Tesla charging station for electric vehicles in a shopping area. France, Montauban, November 9, 2023. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla cars are presented during press days of the Paris motor Show on September 30, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on March 28 2022 in Los Angeles CA, USA. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Illustration of a Tesla charging station for electric vehicles in a shopping area. France, Montauban, November 9, 2023. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - The new Tesla model S during the Paris Motor Show 2014, known as Mondial de l'Automobile in Paris, France, on October 10, 2014. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Nicolas Genin/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A logo of TESLA, on May 16, 2020 in Paris, France. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla Model X on display on the first press day of Paris Motor Show 2016, known as 'Mondial de l'Automobile' in Paris, France on September 29, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla new Model 3 during the Paris Motor Show 2018, known as Mondial de l'Automobile held at the Porte de Versailles exhibition centre in Paris, France on October 2, 2018. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Nicolas Genin/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla cars are presented during press days of the Paris motor Show on September 30, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - World Artificial International Cannes Festival (WAICF 2024) Tesla compagny during the international meeting dedicated to Artificial Intelligence, bringing together professionals and the general public at the Palais des Festivals et des Congrès. Cannes, France, on February 08, 2024. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Cyril Chateau/ABACAPRESS.COM

Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla Model X on display on the first press day of Paris Motor Show 2016, known as 'Mondial de l'Automobile' in Paris, France on September 29, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM