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Tesla laying off 316 workers at Buffalo, New York facility amid global staff reductions [USA TODAY]

Tesla, Inc. (TSLA)  More Company Research Source: USA TODAY
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In its latest filing with the New York State Department of Labor, Tesla indicated that five more employees are expected to be laid off beginning Aug. 1 at the Buffalo plant. The notice was filed Friday and made public Tuesday. Prior to its most recent notice, Tesla had already indicated that more than 300 employees in Buffalo, New York would be targeted for layoffs this summer. The filing was posted under the WARN Act , a U.S. labor law that requires employers with 100 or more employees to provide 60 days notification in advance of planned closings or mass layoffs to protect workers and their families A total of 2,025 employees work at the Buffalo plant, according to the latest WARN notice. The news comes a week after Tesla laid off two executives and nearly 500 employees on its EV charging team amid publicized plans for the company to reduce its global workforce by 10% Tesla previously announced 10% reduction in workforce The tech giant announced in mid-April that it would [Read more]

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Stockreport

Tesla laying off 316 workers at Buffalo, New York facility amid global staff reductions [USA TODAY]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In its latest filing with the New York State Department of Labor, Tesla indicated that five more employees are expected to be laid off beginning Aug. 1 at the Buffalo plant. The notice was filed Friday and made public Tuesday. Prior to its most recent notice, Tesla had already indicated that more than 300 employees in Buffalo, New York would be targeted for layoffs this summer. The filing was posted under the WARN Act , a U.S. labor law that requires employers with 100 or more employees to provide 60 days notification in advance of planned closings or mass layoffs to protect workers and their families A total of 2,025 employees work at the Buffalo plant, according to the latest WARN notice. The news comes a week after Tesla laid off two executives and nearly 500 employees on its EV charging team amid publicized plans for the company to reduce its global workforce by 10% Tesla previously announced 10% reduction in workforce The tech giant announced in mid-April that it would [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
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Price Change
Price Change %
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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
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Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

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%

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
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