Tesla furloughs staff and slashes salaries as Covid-19 pandemic worsens [CNN]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.tesla.com
Company Research
Source: CNN
Tesla furloughs staff and slashes salaries as Covid-19 pandemic worsens Starting next Monday, US employees at the electric car company who hold director and vice president-level roles and above will see pay reductions of 20% to 30%, and "everyone else" will receive a pay cut of 10%, according to an internal email obtained by CNN Business. The reductions are expected to be in place until the end of June. Pay rises and equity grants will also be put on hold. Non-US employees will also face similar reductions, according to the email. Tesla is running "minimum critical operations" at the moment, and expects to resume full operations at US plants in early May "barring any significant changes," the email said. But until then, the company needs to manage costs, and implement what it calls "a shared sacrifice ... during these challenging times." Tesla did not respond to a request for comment outside of working hours. Employees who can't work from home and haven't been assigned to critical wo
Show less
Read more
Impact Snapshot
Event Time:
TSLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
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
|
|---|---|---|
|
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 | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSLA alerts
High impacting Tesla, Inc. news events
Weekly update
A roundup of the hottest topics
TSLA
News
- SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports [CNBC]CNBC
- Tesla turbocharged, energy makes a comeback: Market takeaways [Yahoo! Finance Canada]Yahoo! Finance Canada
- Feds find more complaints of Tesla's FSD running red lights and crossing lanes [TechCrunch]TechCrunch
- Tesla brings lower cost Model 3 to Europe [Yahoo! Finance]Yahoo! Finance
- Is the Cybertruck Tesla's best vehicle ever? These figures contradict Elon Musk's claim [USA TODAY]USA TODAY
TSLA
Earnings
- 10/22/25 - Beat
TSLA
Sec Filings
- 11/12/25 - Form 4
- 11/10/25 - Form SCHEDULE
- 11/10/25 - Form 4
- TSLA's page on the SEC website