Tesla to close more than a dozen solar installation facilities: report [MarketWatch]
Tesla, Inc. (TSLA)
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Source: MarketWatch
Tesla to close more than a dozen solar installation facilities: report Tesla Inc. TSLA, -4.06% plans to close more than a dozen solar installation facilities across nine states, Reuters reported late Thursday. The closures had not yet been disclosed, but are part of the 9% workforce cuts announced last week , Reuters said. The solar cuts will affect facilities of the former SolarCity, which merged with Tesla in 2016. Citing company documents and sources inside Tesla, Reuters said 13 or 14 solar facilities would close in California, Maryland, New Jersey, Texas, New York, New Hampshire, Connecticut, Arizona and Delaware. About 60 solar facilities remain open. Tesla declined to comment on which facilities would close or how many jobs would be lost, Reuters said. Tesla shares slipped 4% Thursday, and dipped an additional 0.4% after hours.
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News
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TSLA
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- 4/17/24 - Form DEFA14A
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- 4/16/24 - Form 8-K
- TSLA's page on the SEC website