Tesla is dismissing contractors from its California and Nevada factories, sources say [MSNBC.com]
Tesla, Inc. (TSLA)
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Source: MSNBC.com
TeslaThe company is cutting contractors from its workforce, both in its vehicle factory in Fremont, California, and at the Gigafactory outside of Reno, Nevada, where Tesla makes the signature battery packs that power its electric vehicles and energy storage products. The cuts affect hundreds, according to estimates from the people familiar with the move, who asked for anonymity because they are not authorized to talk to press about internal matters.Temps -- many of whom worked at Tesla for years, some hoping to jump into full-time roles -- were notified by their staffing agencies about the cuts late this week.A memo from Balance Staffing to dismissed workers said: "It is with my deepest regret that I must inform you that the Tesla factory shutdown has been extended due to the COVID-19 pandemic, and as a result, Tesla has requested to end all contract assignments effective immediately."The staffing agency told workers that they would remain Balance Staffing employees, and could find ot
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TSLA
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- Tesla hits major roadblock in attempt to launch new vehicle: 'Likelihood of confusion' [Yahoo! Finance]Yahoo! Finance
- Global EV battery supplier slashes Tesla contract value by over 99%: '[This] program appears to have failed' [Yahoo! Finance]This
TSLA
Earnings
- 10/22/25 - Beat
TSLA
Sec Filings
- 1/12/26 - Form 4
- 1/6/26 - Form 4
- 1/2/26 - Form 144
- TSLA's page on the SEC website