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Tesla management told employees Monday that the recent round of layoffs — which gutted some departments by 20% and even hit high performers– were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter […]

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Hello and welcome back to TechCrunch Space. I hope everyone had a great time at Space Symposium! Hopefully I’ll see you there next year.

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The resulting lower supply of homes, and population growth outpacing construction, has led to a 7.2 million home shortage.

A surge in international and business travel has brought airports back to near pre-pandemic levels of passenger traffic.

The company is the official outfitter for the U.S. Olympic track and field athletes.

The layoffs impact more than 10% of Tesla’s 140,473-person workforce.

Awards validate a company’s efforts in innovation and corporate responsibility but also enhance its reputation, attract talent and open doors to new partnerships and customer segments.

An explanation of the current market trend of brands turning to newsletter advertising as a primary channel in their marketing campaigns.

Simple and effective strategies for keeping a database up-to-date, dynamic and profitable.

Meta continues to field criticism over how it handles younger consumers using its platforms, but the company is also planning new products that will cater to them. On Monday, the company announced that later this year it will be launching a new education product for Quest to position its VR headset as a go-to device […]

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