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As Tesla layoffs continue, here are 600 jobs the company cut in California [CNBC]

Tesla, Inc. (TSLA)  More Company Research Source: CNBC
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest layoffs eliminated roles across the board — from entry level positions to directors — and hit a broad array of departments, impacting factory workers, software developers and robotics engineers. The cuts were reported in a Worker Adjustment and Retraining Notification (WARN) Act filing that CNBC obtained through a public records request. Faced with weakening demand for Tesla EVs and increased competition, the company has been slashing headcount since at least January. CEO Elon Musk told employees in a memo in April that the company would cut more than 10% of its global workforce which had reached 140,473 employees at the end of 2023. Previous filings revealed that Tesla would cut more than 6,300 jobs across California, Austin , Texas and Buffalo , New York. Musk said on Tesla's quarterly earnings call last month that the company had built [Read more]

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Stockreport

As Tesla layoffs continue, here are 600 jobs the company cut in California [CNBC]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest layoffs eliminated roles across the board — from entry level positions to directors — and hit a broad array of departments, impacting factory workers, software developers and robotics engineers. The cuts were reported in a Worker Adjustment and Retraining Notification (WARN) Act filing that CNBC obtained through a public records request. Faced with weakening demand for Tesla EVs and increased competition, the company has been slashing headcount since at least January. CEO Elon Musk told employees in a memo in April that the company would cut more than 10% of its global workforce which had reached 140,473 employees at the end of 2023. Previous filings revealed that Tesla would cut more than 6,300 jobs across California, Austin , Texas and Buffalo , New York. Musk said on Tesla's quarterly earnings call last month that the company had built [Read more]

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EVENT TIME:
TSLA
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

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%

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%

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TICKS

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EVENT DAY
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PERFORMANCE SINCE EVENT
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