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Stockreport

Tesla's global job cuts include leading markets US, China [Reuters]

Tesla, Inc. (TSLA)  More Company Research Source: Reuters
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
, opens new tab global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. Several U.S.-based service centres saw heavy layoffs effective immediately, primarily of sales staff and technicians, one source said. Another location laid off all front-of-house staff, the source said. A Tesla programme manager in California posted a spreadsheet on LinkedIn of over 140 staff, mostly engineers, who had been laid off and were seeking new jobs. Two sources said members of Tesla's China sales team were being notified they were being made redundant, with one saying more than 10% were losing their jobs. A third source said that in Shanghai, where T [Read more]
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Stockreport

Tesla's global job cuts include leading markets US, China [Reuters]

Tesla, Inc.  (TSLA) 
More Company Research Source: Reuters
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
, opens new tab global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. Several U.S.-based service centres saw heavy layoffs effective immediately, primarily of sales staff and technicians, one source said. Another location laid off all front-of-house staff, the source said. A Tesla programme manager in California posted a spreadsheet on LinkedIn of over 140 staff, mostly engineers, who had been laid off and were seeking new jobs. Two sources said members of Tesla's China sales team were being notified they were being made redundant, with one saying more than 10% were losing their jobs. A third source said that in Shanghai, where T [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