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Stockreport

Tesla layoffs to impact over 2,700 Bay Area employees [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
Department (EDD). As of Tuesday, 2,753 Tesla workers in the Bay Area are affected. The workers laid off were based out of the electric vehicle company's 17 locations across Fremont and Palo Alto, according to the EDD. The terminations will formally begin on June 14. Thousands of Tesla Cybertrucks recalled for unintended acceleration With the Burbank and Lathrop locations, more than 3,300 Tesla employees in California will be affected by the layoffs. Last week, it was reported that Tesla planned to lay off 10 percent of its total workforce after subpar first-quarter sales. That would affect approximately 14,000 Tesla employees worldwide. Tesla's first-quarter net income dropped 55%. Last week, prices dropped for its “Full Self Driving” upgrade and three of its electric vehicle models : Model Y, Model X and Model S. The price cuts come after Tesla's stock fell below $150 per share, which eliminated all gains made over the past year. Tesla, formerly headquartered in Palo Alto [Read more]
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Stockreport

Tesla layoffs to impact over 2,700 Bay Area employees [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
Department (EDD). As of Tuesday, 2,753 Tesla workers in the Bay Area are affected. The workers laid off were based out of the electric vehicle company's 17 locations across Fremont and Palo Alto, according to the EDD. The terminations will formally begin on June 14. Thousands of Tesla Cybertrucks recalled for unintended acceleration With the Burbank and Lathrop locations, more than 3,300 Tesla employees in California will be affected by the layoffs. Last week, it was reported that Tesla planned to lay off 10 percent of its total workforce after subpar first-quarter sales. That would affect approximately 14,000 Tesla employees worldwide. Tesla's first-quarter net income dropped 55%. Last week, prices dropped for its “Full Self Driving” upgrade and three of its electric vehicle models : Model Y, Model X and Model S. The price cuts come after Tesla's stock fell below $150 per share, which eliminated all gains made over the past year. Tesla, formerly headquartered in Palo Alto [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