Tesla laying off nearly 700 workers at Nevada Gigafactory [Yahoo! Finance]
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: Yahoo! Finance
The timing of the announcement coincides with the company's decision to take $2,000 off the prices of three of its five models sold in the U.S. That announcement came after Tesla's stock dropped below $150 per share, eliminating all the gains achieved over the past year. The layoffs have an effective date of June 14, 2024. It's the biggest layoff in the state so far in 2024, just behind the 744 layoffs that came with the closing of Tropicana Las Vegas on April 2. Tesla received more than $330 million in tax breaks from the state of Nevada just a year ago as Gov. Joe Lombardo appeared with Tesla founder Elon Musk to announce a $3.6 billion expansion of the Gigafactory. At the time, Lombardo said, “Tesla has far exceeded every promise they made going back to 2014.” “To date, they have invested $6.2 billion in Nevada, built a 5.4 million square foot Gigafactory which provided 17,000 local construction jobs and created more than 11,000 highly paid permanent jobs,” Lombardo said.
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
- Q1 Earnings Season Scorecard and Fresh Analyst Reports for Tesla, JNJ & Netflix [Yahoo! Finance]Yahoo! Finance
- Tesla Moves Top Auto Executive to China in Shakeup, WSJ Says [BNN Bloomberg (Canada)]BNN Bloomberg
- U.S. investigators ask Tesla why there have been 20 crashes since carmaker supposedly fixed Autopilot flaws [Fortune]Fortune
- GM Tries to Lure Tesla's Jilted Interns During Mass Downsizing [BNN Bloomberg (Canada)]BNN Bloomberg
- More People Watch Video Of Fireplace Than Don Lemon's Live-Stream [zero hedge]zero hedge
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/6/24 - Form DEFA14A
- 5/6/24 - Form PX14A6G
- 5/6/24 - Form 144
- TSLA's page on the SEC website