That translates to around 1,500 workers, which is not totally surprising, considering the used car dealer has lost almost 98 percent of its value in recent weeks. Carvana’s rapid growth during the pandemic appears to have run into the same economic headwinds many tech companies are now facing. Not unrelated, you can get a 2012 Honda Fit for about $14,000 delivered on Tuesday.
Andrew J. Hawkins

Transportation editor
Transportation editor
More From Andrew J. Hawkins
Andrew J. Hawkins


Andrew J. Hawkins


Andrew J. Hawkins
Andrew J. Hawkins
Carvana to layoff 8 percent of its workforce.


Andrew J. Hawkins
Andrew J. Hawkins
James Murdoch says Elon Musk told him who he wants to succeed him as CEO of Tesla.
But he didn’t say who, unfortunately, even though Murdoch said it had come up in recent months. (Murdoch’s comments came during a trial today over Musk’s giant compensation package at Tesla.) In his pre-trial deposition, Murdoch said Musk has only vaguely discussed succession. But in the intervening time, he has talked about a specific person. Who is it? Infuriatingly, the plaintiff’s lawyers did not ask Murdoch to clarify.


Andrew J. Hawkins





