Tesla, a publicly owned company founded in 2003, is primarily engaged in the manufacturing of motor vehicles. Headquartered in the United States, the company employs approximately 62,850 people.
Elon Musk invested $1 billion in Tesla stock on an unspecified date. A layoff impacted employees of a supplier, MPW, whose work included tasks such as industrial cleaning in Tesla's paint shop and battery departments, on an unspecified date. Zeekr, a competitor, aims to become the second-largest player in Australia's premium EV market by the end of next year. Recent data indicates a decline in Tesla's brand loyalty, with some owners switching to rival brands, including those offering diesel vehicles.
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