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Stockreport

Tesla says fewer than 3,000 jobs to be cut at Berlin plant [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
In an internal email on Tuesday, chief executive Elon Musk said he wants to make the cuts, affecting an estimated 14,000 employees worldwide, in view of the slump in the market for electric cars and weak sales worldwide. "We are convinced that only an efficient and lean organization is well positioned for future challenges. Our experience shows that this approach contributes significantly to our success," a Tesla spokeswoman in Grünheide said when asked on Tuesday. Tesla's large plant, dubbed a gigafactory, is located in the small community of Grünheide just beyond the city limits of Berlin in the state of Brandenburg. Regarding the announced job cuts, the statement said: "We are examining this measure and will pursue it for the Gigafactory Berlin-Brandenburg against the background of all labour law and co-determination requirements with the involvement of the works council." The figure of 3,000 jobs affected mentioned in media reports is "completely unfounded." There was i [Read more]
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Stockreport

Tesla says fewer than 3,000 jobs to be cut at Berlin plant [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
In an internal email on Tuesday, chief executive Elon Musk said he wants to make the cuts, affecting an estimated 14,000 employees worldwide, in view of the slump in the market for electric cars and weak sales worldwide. "We are convinced that only an efficient and lean organization is well positioned for future challenges. Our experience shows that this approach contributes significantly to our success," a Tesla spokeswoman in Grünheide said when asked on Tuesday. Tesla's large plant, dubbed a gigafactory, is located in the small community of Grünheide just beyond the city limits of Berlin in the state of Brandenburg. Regarding the announced job cuts, the statement said: "We are examining this measure and will pursue it for the Gigafactory Berlin-Brandenburg against the background of all labour law and co-determination requirements with the involvement of the works council." The figure of 3,000 jobs affected mentioned in media reports is "completely unfounded." There was i [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
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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
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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
TIME AND VELOCITY ANALYSIS