TSLA Jun 2024 1120.000 call
- Yahoo Finance Video
Tesla faces probe over adequacy of Autopilot recall fix
Tesla (TSLA) has been hit with an investigation from the National Highway Traffic Safety Administration over the company's Autopilot software recall. The probe is to investigate whether Tesla's solution to the recall was adequate enough. Yahoo Finance's Julie Hyman and Jared Blikre break down the latest Tesla turmoil. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Reuters
UPDATE 1-Tesla to lay off 693 employees in Nevada, government notice says
Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed, as part of its plan to cut more than 10% of its global workforce amid dropping sales and rising competition. The notice was submitted to the Nevada Department of Employment, Training, and Rehabilitation earlier this week. Tesla said earlier this month it will lay off 6,020 employees in Texas and California.
- Reuters
Tesla to lay off 693 employees in Nevada, government notice says
SAN FRANCISCO (Reuters) -Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed, as part of its plan to cut more than 10% of its global workforce amid dropping sales and rising competition. The notice was submitted to the Nevada Department of Employment, Training, and Rehabilitation earlier this week. A U.S. labor law requires companies with 100 or more employees to notify authorities 60 days ahead of planned closings or mass layoffs.
