We now know more about where Tesla is slashing jobs [Business Insider]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Business Insider
The Buffalo site is used for training Tesla's driver-assist software, and energy storage products. A regulatory filing lends more insight into Tesla's recent layoffs. The company has laid off 280 workers at its facility in Buffalo, New York — or about 14% of the workers at the site — according to a regulatory filing in New York under the Worker Adjustment and Retraining Notification Act. The WARN act requires most companies with more than 100 employees to provide 60 days of notice before a large-scale layoff. The 280 Buffalo-based workers are part of the larger layoffs across Tesla. On Sunday night, Tesla CEO Elon Musk told staff the company was cutting more than 10% of its workforce. Within hours, laid-off workers were notified their employment had been terminated effective immediately. The layoffs appear to have impacted workers across the country, as well as some staff at Tesla's international offices. Two of Tesla's largest factories are located in California and Texas, b
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News
- Elon Musk's Hail Mary In China [Forbes]Forbes
- ARC Strengthens Leadership Team, Appoints Tesla Veteran Greg White President of Manufacturing Operations [Yahoo! Finance]Yahoo! Finance
- Tesla axes electric vehicle charging team [Yahoo! Finance]Yahoo! Finance
- AI Hardware Stocks Get Pummeled Even as Big Tech Keeps Spending [Yahoo! Finance]Yahoo! Finance
- Intuit's ‘head of employee listening' explains why more companies are getting serious about worker feedback [Fortune]Fortune
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- TSLA's page on the SEC website