Musk's ‘absolutely hardcore' Tesla layoffs could hurt EVs everywhere [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Tesla is eliminating most employees on the electric vehicle company's Policy and Supercharger teams, along with several long-time executives. The cuts come on top of a recent layoff affecting 10% of the company's global workforce. Musk said in an email to staff that he will be “absolutely hardcore” about staffing at Tesla — his signature phrase to signal hard work ahead. He said any executive “who retains more than three people who don't obviously pass the excellent, necessary and trustworthy test ” should resign, according to the email, first reported by The Information. Nixing the Supercharger team could hinder Tesla's dominance over the US' EV charging network, experts said. SIGNALS Semafor Signals: Global insights on today's biggest stories. Analysts question decision to cut ‘star asset' Sources: Ars Technica, Elektrek, BloombergNEF As the name suggests, Tesla's Superchargers charge EVs far faster than typical chargers, and the network is considered by many as the c
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TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/21/24 - Form PX14A6G
- 5/20/24 - Form DEFA14A
- 5/20/24 - Form PX14A6G
- TSLA's page on the SEC website