Tesla to lay off more than 10 per cent of staff globally as sales fall

The world's largest automaker by market value had 140,473 employees globally as of December 2023, its latest annual report shows. The memo did not say how many jobs would be affected."As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," Tesla CEO Elon Musk said in the memo.

The EV maker has been slow to refresh its aging models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models. Scottie Scheffler pulled ahead in the Masters with magnificent shots Sunday and poured it on along the back nine at Augusta National for a four-under 68 to claim his second green jacket in three years.Fans will be seeing purple at the Olympics when athletes try to set records at this summer's Paris Games. In a move away from a more traditional red-brick clay colour, an Olympic track is going purple for the first time.Insurance is high on frequently stolen vehicles.

The National Capital Commission is providing a glimpse inside the gutted 24 Sussex Drive, more than a year after the heritage building along the Ottawa River was closed.Tim Hortons restaurants in Ottawa and Gatineau will begin testing plastic free, fibre hot beverage lids, the company announced on Monday.Shaken residents of Ottawa worked Sunday to process the aftermath of an apparent fight that killed a teenager in Centretown on Friday night.A major fire at a church in Hudson, Que.

A Winnipeg man is in custody after fleeing from officers in Regina – which involved a several story high leap from an apartment building.Most-read stories of the week: Mystery object, police raid spa, Ford on Wilmot land controversy

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