Tesla Layoffs Continue

In this week's "Elon Musk Weekly News Update," we dive into the latest headlines from Tesla, SpaceX, X (formerly Twitter), and Neuralink. Discover Tesla's newest electric vehicle advancements and how they're pushing the boundaries of innovation. Get the scoop on SpaceX's ambitious missions and future plans for space exploration. Stay updated on Neuralink's groundbreaking work in brain-machine interface technology. Plus, learn about the latest developments at X. It's your go-to source for all the exciting news about Elon Musk and his groundbreaking ventures. Hey! We'll both earn $50 when you join Current and receive a qualifying Direct Deposit. Terms apply. Just use my link or code when signing up. Code: WILLIAMW243 https://current.com/get-started/?creator_code=WILLIAMW243

The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship"

A recent study has highlighted the impact of return-to-office (RTO) mandates on senior staff departures at major tech firms like Microsoft, Apple, and SpaceX. Researchers from the University of Michigan and the University of Chicago analyzed 260 million resumes from People Data Labs to understand the effects of these policies on employee retention.

Two MIT-educated brothers face severe legal consequences for allegedly orchestrating a rapid and sophisticated cryptocurrency heist, exploiting the Ethereum blockchain. The case underscores significant concerns about blockchain security and the need for stringent regulatory measures in the cryptocurrency industry.

Blue Origin is set to resume crewed flights of its New Shepard rocket on May 19, marking a significant return to suborbital space travel after nearly two years. This upcoming launch, designated NS-25, will lift off from West Texas and carry a six-person crew. The event signifies Blue Origin’s renewed engagement in space tourism and research missions following a series of setbacks and rigorous safety reassessments.

Elon Musk has announced that Tesla's forthcoming software update for its Full Self-Driving (FSD) system will dramatically reduce the need for driver intervention by "5 to 10x". This update, dubbed "Supervised Full Self-Driving" v12.4, is part of a series of enhancements that leverage Tesla's all-neural net architecture, which is no longer limited by computational power for training.

Renjie Zhu, the executive overseeing Cybertruck manufacturing at Tesla, has recently left the company, marking another high-profile departure under CEO Elon Musk’s leadership. Zhu's exit was announced via a LinkedIn post celebrating his fifth anniversary with Tesla, a tenure that spanned significant roles across various manufacturing facilities, including the Shanghai Gigafactory and the Austin factory.

SpaceX is hosting a Space Talk event today with the help of the Harlingen Economic Development Corporation in partnership with Texas State Technical College. Starbase General Manager Kathy Lueders is speaking at the event to discuss updates on SpaceX in the Rio Grande Valley at Boca Chica Beach. Hey! We'll both earn $50 when you join Current and receive a qualifying Direct Deposit. Terms apply. Just use my link or code when signing up. Code: WILLIAMW243 https://current.com/get-started/?creator_code=WILLIAMW243

Tesla Inc. has recently reemployed some members of its previously disbanded Supercharging team, including the pivotal North American director, Max de Zegher. This move comes weeks after Elon Musk, the company's CEO, abruptly dismissed nearly the entire group. The initial decision by Musk last month to reduce the team significantly surprised the electric vehicle industry, especially considering the Supercharger network's critical role in Tesla's infrastructure and strategic partnerships. Hey! We'll both earn $50 when you join Current and receive a qualifying Direct Deposit. Terms apply. Just use my link or code when signing up. Code: WILLIAMW243 https://current.com/get-started/?creator_code=WILLIAMW243 #ad

Tesla has started rescinding job offers to prospective full-time employees, signaling a continued trend in workforce reduction. This decision is part of the electric vehicle manufacturer's strategy to cut over 10% of its staff as it braces for future growth challenges. These cuts have also extended to revoking internship positions, adding to the significant job uncertainty within the company.