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Stockreport

Tesla notifies thousands in Texas and California of impending layoffs [FOX Business Network]

Tesla, Inc. (TSLA)  More Company Research Source: FOX Business Network
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The notifications in California and Texas, where the electric vehicle (EV) maker has large presences, came in the form of WARN notices, according to reports. In California, the planned Tesla headcount reductions will hit approximately 3,300 workers, The San Francisco Standard reported Tuesday They will apparently occur at locations in a total of four different cities in the Golden State Meanwhile, Texas will see almost 2,700 employees in Austin lose their jobs, according to the Austin American-Statesman. The reported job cuts in the two states will together total roughly 6,000. Tesla's layoff plans, announced last week, will entail shedding 10% of its headcount around the world. The Texas-based company said at the time it had seen a "duplication of roles and job functions in certain areas" amid its "rapid growth" in recent years. Ticker Security Last Change Change % TSLA TESLA INC. Powered By At the end of 2023, over 140,400 people had jobs at Tesla. The [Read more]
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Stockreport

Tesla notifies thousands in Texas and California of impending layoffs [FOX Business Network]

Tesla, Inc.  (TSLA) 
More Company Research Source: FOX Business Network
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The notifications in California and Texas, where the electric vehicle (EV) maker has large presences, came in the form of WARN notices, according to reports. In California, the planned Tesla headcount reductions will hit approximately 3,300 workers, The San Francisco Standard reported Tuesday They will apparently occur at locations in a total of four different cities in the Golden State Meanwhile, Texas will see almost 2,700 employees in Austin lose their jobs, according to the Austin American-Statesman. The reported job cuts in the two states will together total roughly 6,000. Tesla's layoff plans, announced last week, will entail shedding 10% of its headcount around the world. The Texas-based company said at the time it had seen a "duplication of roles and job functions in certain areas" amid its "rapid growth" in recent years. Ticker Security Last Change Change % TSLA TESLA INC. Powered By At the end of 2023, over 140,400 people had jobs at Tesla. The [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