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Elon Musk reportedly apologized for 'incorrectly low' Tesla severance packages [Business Insider]

Tesla, Inc. (TSLA)  More Company Research Source: Business Insider
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The rare apology comes after the EV maker said at least 10% of the workforce was being laid off. Some workers previously told Business Insider they were offered two months' pay as severance. Elon Musk apologized in an email to some laid-off Tesla employees after their severance packages were found to be "incorrectly low," CNBC reported "As we reorganize Tesla it has come to my attention that some severance packages are incorrectly low," Musk said in the brief email sent Wednesday, per the outlet. "My apologies for this mistake. It is being corrected immediately." Some employees were offered two months of severance , which would be paid through June 14, five laid-off workers previously told Business Insider. Sixty days' pay is the minimum that companies with more than 100 employees must give laid-off workers if there is no 60-day notice period before mass job cuts, according to the Worker Adjustment and Retraining Notification Act. The Tesla CEO sent an all-hands email Sun [Read more]
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Stockreport

Elon Musk reportedly apologized for 'incorrectly low' Tesla severance packages [Business Insider]

Tesla, Inc.  (TSLA) 
More Company Research Source: Business Insider
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The rare apology comes after the EV maker said at least 10% of the workforce was being laid off. Some workers previously told Business Insider they were offered two months' pay as severance. Elon Musk apologized in an email to some laid-off Tesla employees after their severance packages were found to be "incorrectly low," CNBC reported "As we reorganize Tesla it has come to my attention that some severance packages are incorrectly low," Musk said in the brief email sent Wednesday, per the outlet. "My apologies for this mistake. It is being corrected immediately." Some employees were offered two months of severance , which would be paid through June 14, five laid-off workers previously told Business Insider. Sixty days' pay is the minimum that companies with more than 100 employees must give laid-off workers if there is no 60-day notice period before mass job cuts, according to the Worker Adjustment and Retraining Notification Act. The Tesla CEO sent an all-hands email Sun [Read more]
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EVENT TIME:
TSLA
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Price Change %
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%
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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
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS