The reduction in its workforce is part of the company's "Next Great Chapter plan" in which it hopes to "deliver sustainable long-term growth and value creation" amid a tumultuous time for businesses. 

Tesla Inc. CEO Elon Musk tapered down expectations ahead of the electric-car maker’s Battery Day event scheduled for Tuesday evening, sending shares lower.

The standalone package would include a second draw from the Paycheck Protection Program, as well as expedited loan forgiveness and full tax deductibility for PPP recipients.

Beyond Meat will introduce its frozen breakfast sausage patties to nearly 5,000 locations, including retail giants Target, Walmart and Kroger, by the end of September.

Tesla Inc. shares bounced around Monday as traders looked ahead to the company’s upcoming Battery Day event.

Nikola founder Trevor Milton resigned as executive chairman of the company's board of directors, effective immediately.

Gore discovered a new form of a polymer in 1969 at a company lab in Newark, Delaware

“Ruth Bader Ginsburg spent her life in pursuit of an equal world,” Apple CEO Tim Cook said.

Federal authorities say Adam Rogas used fraudulent financial data to obtain more than $123 million in financing for the company, personally gaining $17.5 million. 

Model 3 sales in the world's second-largest economy, expected to represent 40% or more of global electric-vehicle sales by early 2022, have higher margins and will help Tesla achieve increased profitability over the next few years, an analyst says.

Zuckerberg said the guidelines would help to ensure that employees, especially the company’s Black community, felt supported.

The CDC's recent report that dining out poses a risk for COVID-19 transmission has set off a clash with the flailing industry. Many restaurant owners and coalitions are refuting the claims based on "false assumptions."