Fired Tesla Workers Discover They Were Replaced With Cheap Temp Labor [zero hedge]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: zero hedge
Fired Tesla Workers Discover They Were Replaced With Cheap Temp LaborJust last week, amid their Model 3 "production hell," Tesla shocked the auto world with news that they would be firing hundreds of workers. Of course, firing seasoned production staff is somewhat atypical for a 'growing' company (shrinking cash flow aside) that was already having difficulty meeting their own production schedule. Of course, the irony was apparently 'lost' on Tesla who tried to dismiss the mass firings as "performance-based terminations." Per Capital and Main:As it turns out, we're not the only ones who were surprised by Tesla's mass termination event as laid off workers are now coming forward to say the decision was nothing more than an attempt to break up unionization efforts at the company's Fremont, CA plant and replace seasoned employees with cheap, temporary contract labor.Other production workers say their performance reviews were stellar but were dismissed after speaking out about "low pay, haz
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TSLA
News
- Tesla lost over $700 billion in value since November 2021 and Elon Musk wants $45 billion for his performance as CEO [Fortune]Fortune
- As EV sales slump, Tesla shares relinquish a year's worth of gains [Yahoo! Finance]Yahoo! Finance
- As electric car sales slump, Tesla shares relinquish a year's worth of gains [CBS News]CBS News
- Tesla robotaxi pivot 'extremely risky' for investors: Analyst [Yahoo! Finance]Yahoo! Finance
- Elon Musk to fund new First Amendment campaign to combat 'relentless attacks on free speech' [FOX News]FOX News
TSLA
Earnings
- 1/24/24 - Beat
TSLA
Sec Filings
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form PRE
- 4/16/24 - Form 8-K
- TSLA's page on the SEC website