-0.000127129417747332 -0.000572082379862903 -0.000127129417747332 -0.00133485888634635 -0.000444952962115571 -0.00108060005085187 -0.00635647088736352 -0.00413234172387496
Sign Up Today X
Thanks for submitting the form.
Stockreport

Tesla to lay off 10% of its global workforce, reports say: 'It must be done' [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla's stock was down roughly 3% as of midday Monday. "Over the years, we have grown rapidly with multiple factories scaling around the globe," Musk said in the memo obtained by Electrek and CNBC . "With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity." Musk and Tesla "made the difficult decision" to reduce its global workforce by 10% after conducting a "thorough review of the organization," according to the memo. "There is nothing I hate more, but it must be done," Musk said in the memo. "This will enable us to be lean, innovative and hungry for the next growth phase cycle... It is very difficult to say goodbye." USA TODAY contacted Tesla on Monday morning but did not receive an immediate response. How many employees does Tesla have? Tesla had over 127,000 employ [Read more]
IMPACT SNAPSHOT EVENT TIME: TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
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
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
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
TSLA alerts
from News Quantified
TSLA
NEWS
TSLA
Earnings
TSLA
Analyst Actions
TSLA
SEC Filings
Stockreport

Tesla to lay off 10% of its global workforce, reports say: 'It must be done' [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla's stock was down roughly 3% as of midday Monday. "Over the years, we have grown rapidly with multiple factories scaling around the globe," Musk said in the memo obtained by Electrek and CNBC . "With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity." Musk and Tesla "made the difficult decision" to reduce its global workforce by 10% after conducting a "thorough review of the organization," according to the memo. "There is nothing I hate more, but it must be done," Musk said in the memo. "This will enable us to be lean, innovative and hungry for the next growth phase cycle... It is very difficult to say goodbye." USA TODAY contacted Tesla on Monday morning but did not receive an immediate response. How many employees does Tesla have? Tesla had over 127,000 employ [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
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
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
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