China University Students' Aircraft Design Innovation Competition

China University Students' Aircraft Design Innovation Competition

HUZHOU, CHINA - AUGUST 15, 2025 - A college student is assembling and debugging a multi-rotor unmanned aerial vehicle at Moganshan General Airport in Huzhou City, Zhejiang Province, China on August 15, 2025.

Intelligent Assisted Driving Competition

Intelligent Assisted Driving Competition

SUZHOU, CHINA - JULY 31, 2025 - The competition vehicles are competing in the Intelligent Connected Vehicle Challenge for intelligent assisted driving in complex road conditions in Suzhou City, Jiangsu Province, China on July 31, 2025.

Intelligent Assisted Driving Competition

Intelligent Assisted Driving Competition

SUZHOU, CHINA - JULY 31, 2025 - The competition vehicles are competing in the Intelligent Connected Vehicle Challenge for intelligent assisted driving in complex road conditions in Suzhou City, Jiangsu Province, China on July 31, 2025.

Intelligent Assisted Driving Competition

Intelligent Assisted Driving Competition

SUZHOU, CHINA - JULY 31, 2025 - The competition vehicles are competing in the Intelligent Connected Vehicle Challenge for intelligent assisted driving in complex road conditions in Suzhou City, Jiangsu Province, China on July 31, 2025.

Intelligent Assisted Driving Competition

Intelligent Assisted Driving Competition

SUZHOU, CHINA - JULY 31, 2025 - The competition vehicles are competing in the Intelligent Connected Vehicle Challenge for intelligent assisted driving in complex road conditions in Suzhou City, Jiangsu Province, China on July 31, 2025.

Intelligent Assisted Driving Competition

Intelligent Assisted Driving Competition

SUZHOU, CHINA - JULY 31, 2025 - The competition vehicles are competing in the Intelligent Connected Vehicle Challenge for intelligent assisted driving in complex road conditions in Suzhou City, Jiangsu Province, China on July 31, 2025.

Intelligent Assisted Driving Competition

Intelligent Assisted Driving Competition

SUZHOU, CHINA - JULY 31, 2025 - The competition vehicles are competing in the Intelligent Connected Vehicle Challenge for intelligent assisted driving in complex road conditions in Suzhou City, Jiangsu Province, China on July 31, 2025.

Ukraines largest dog training competition held under auspices of DIU

Ukraines largest dog training competition held under auspices of DIU

A dog handler and a sniffer dog search a vehicle during a demonstration of explosive detection skills as part of Ukraines largest dog training competition held under the auspices of the Defence Intelligence of Ukraine (DIU), Kyiv, Ukraine, on May 17, 2025. (Photo by Oleksandr Klymenko/Ukrinform)

Ukraines largest dog training competition held under auspices of DIU

Ukraines largest dog training competition held under auspices of DIU

A dog handler of the National Police and a sniffer dog search a vehicle during Ukraines largest dog training competition held under the auspices of the Defence Intelligence of Ukraine (DIU), Kyiv, Ukraine, on May 17, 2025. (Photo by Oleksandr Klymenko/Ukrinform)

Ukraines largest dog training competition held under auspices of DIU

Ukraines largest dog training competition held under auspices of DIU

A dog handler of the National Guard of Ukraine with a service dog searches a vehicle during the demonstration of skills in detecting explosive devices as part of the largest dog training competition in Ukraine held under the auspices of the Defence Intelligence of Ukraine (DIU), Kyiv, Ukraine, on May 17, 2025. (Photo by Oleksandr Klymenko/Ukrinform)

Ukraines largest dog training competition held under auspices of DIU

Ukraines largest dog training competition held under auspices of DIU

A dog handler of the National Guard of Ukraine with a service dog searches a vehicle during the demonstration of skills in detecting explosive devices as part of the largest dog training competition in Ukraine held under the auspices of the Defence Intelligence of Ukraine (DIU), Kyiv, Ukraine, on May 17, 2025. (Photo by Oleksandr Klymenko/Ukrinform)

Ukraines largest dog training competition held under auspices of DIU

Ukraines largest dog training competition held under auspices of DIU

A dog handler of the National Guard of Ukraine with a service dog searches a vehicle during the demonstration of skills in detecting explosive devices as part of the largest dog training competition in Ukraine held under the auspices of the Defence Intelligence of Ukraine (DIU), Kyiv, Ukraine, on May 17, 2025. (Photo by Oleksandr Klymenko/Ukrinform)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vehicle is seen at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. Photo by Xinhua/ABACAPRESS.COM/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A participant inspects a vehicle before departure at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. Photo by Xinhua/ABACAPRESS.COM/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vehicle waits for departure at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. Photo by Xinhua/ABACAPRESS.COM/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vehicle enters a smoggy area at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. Photo by Xinhua/ABACAPRESS.COM/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vehicle goes through a simulated pedestrian avoidance test at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. Photo by Xinhua/ABACAPRESS.COM/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 (Xinhua) -- A vehicle is seen at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. (Xinhua/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 (Xinhua) -- A participant inspects a vehicle before departure at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. (Xinhua/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 (Xinhua) -- A vehicle enters a smoggy area at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. (Xinhua/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 (Xinhua) -- A vehicle waits for departure at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. (Xinhua/Sun Fanyue)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

CHINA-TIANJIN-INTELLIGENT DRIVING-COMPETITION (CN)

(240618) -- TIANJIN, June 18, 2024 (Xinhua) -- A vehicle goes through a simulated pedestrian avoidance test at a closed test road during the World Intelligent Driving Challenge 2024 in Dongli District of north China's Tianjin, June 18, 2024. This year's event set up challenges including information security attack and defense, real car intelligent network competition, mass production application challenge, etc., which attracted 109 teams from universities and enterprises across the country. (Xinhua/Sun Fanyue)

China-Europe cooperation far outweighs competition in energy transition: NIO's founder

STORY: China-Europe cooperation far outweighs competition in energy transition: NIO's founder SHOOTING TIME: May 23, 2024 DATELINE: May 26, 2024 LENGTH: 00:00:56 LOCATION: Amsterdam CATEGORY: ECONOMY SHOTLIST: 1. various of China's leading electric vehicle maker NIO opening its second Dutch NIO House 2. SOUNDBITE (Chinese): LI BIN, Founder of NIO STORYLINE: China's leading electric vehicle maker NIO opened its second Dutch NIO House in Amsterdam on Thursday. NIO's founder Li Bin said in an exclusive interview with Xinhua that the opportunities for cooperation between China and Europe far outweigh the competition in energy transition. SOUNDBITE (Chinese): LI BIN, Founder of NIO "In terms of energy transition, the opportunities for cooperation between China and Europe actually far outweigh the competition. Europe has a lot of innovative practices in terms of R&D, materials technology and application, while China has a very strong advantage in supply chain and manufacturing costs. If Europe and China can jo

NEV makers move fast in China leveraging innovation, cooperation

STORY: NEV makers move fast in China leveraging innovation, cooperation SHOOTING TIME: recent footage DATELINE: May 12, 2024 LENGTH: 00:01:20 LOCATION: HEFEI/GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the NEV sector STORYLINE: Fierce competition has driven up technological innovation and industrial upgrading in China's new energy vehicle (NEV) sector, with auto brands revving up investment and seeking cooperation. In the first quarter of this year, China's NEV sales climbed 31.8 percent year on year to 2.09 million units, according to the China Association of Automobile Manufacturers. Data from the association also showed that the country's NEV sales surged 37.9 percent year on year to about 9.5 million last year, compared with just 75,000 a decade ago. However, last year saw a survival battle among Chinese NEV makers, after the withdrawal of financial subsidies for NEVs that had been in place for 13 years. While traditional automakers from home and abroad are accelerating the electrifi

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during a construction contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during a catering contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during an agricultural machinery repairing contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- Contestants compete during a contest of electricians, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during a babysitting contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during a Chinese cuisine making contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during an e-commerce contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- Chinese pastries are seen at a Chinese cuisine making contest during a national vocational skills competition in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during a hair cutting contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- Contestants compete during a catering contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- Contestants compete during a contest of electricians, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during an elderly care contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during a hair cutting contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

CHINA-GUIYANG-VOCATIONAL SKILLS COMPETITION (CN)

(240508) -- GUIYANG, May 8, 2024 (Xinhua) -- A contestant competes during an agricultural machinery repairing contest, part of a national vocational skills competition, in Guiyang, capital of southwest China's Guizhou Province, May 8, 2024. A 3-day national vocational skills competition kicked off in Guiyang on Wednesday, including contests of 11 categories, such as vehicle repairing, hair cutting, catering, Chinese cuisine making, etc. (Xinhua/Tao Liang)

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