Tesla is dismissing contractors from its California and Nevada factories, sources say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Tesla is dismissing contractors at its California and Nevada factories, sources say

Tesla is letting go of contract workers from its U.S. car and battery plants, sources told CNBC. They estimated the cuts will affect hundreds.

The cuts follow Tesla's first-quarter vehicle production and deliveries report, which pleased investors -- the company delivered approximately 88,400 vehicles and produced 103,000 in Q1.Noah Berger | Reutersis letting go of contractors from its U.S. car and battery plants, according to three workers and correspondence shared with CNBC.

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. The staffing agency told workers that they would remain Balance Staffing employees, and could find other work via their business. Balance Staffing also promised it would work hard to bring the contractors back to Tesla in the future if at all possible, and reassured the workers that the dismissals from Tesla were not a reflection of the quality of their work, but rather difficult business conditions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not big deal...do u really exist... hmnn, god for you!!!!

russ1mitchell

Seems CNBC is singling out $tsla again for some odd reason. Could it be that uncle Chanos got his ass handed to him nice again by Tesla Q1 delivery numbers? No shame. Embarrassing.

russ1mitchell Isn’t this why our government is providing money and immediate benefits related to factories being closed due to health concerns. I imagine Tesla will need to take a range of moves to reduce spending & R&D that cannot be done remotely. Those without work with get Govt aid.

russ1mitchell What the hell did you expect them to do you moron! Factory is closed & companies they work for will find other work for them and once there is work for them again and the factory is back open Tesla will bring them back if possible. That is why they are contractors & not employees

Elon forces them to risk their lives working through the shelter in place order, then fires them immediately when forced to close. What an awful human being. $TSLA

Jarheadclan

Where is gene? He seems to need to read some reality.

So sad, hopefully when we overcome the pandemic the workforce will accelerate fast. Wish you all the best, and thank you. Stay safe.

Convenient timing to publish the story.. after market closes on a Friday night. Nice sucking up to elonmusk Tesla. All day he has been on the cover of website like a hero. shameful sad jimcramer TESLAcharts markbspiegel Fxhedgers QTRResearch Hipster_Trader

that's freedom

👍🍊😀🥯🥯

Seems like he could put them to work out installing all those Tezzlr solar glass roof tiles that print money. Was it 1000 a week he promised back in Nov to goose the stock? GodofFraud Move over Madoff $TSLAQ

Oh wow.

'The cuts follow Tesla’s first-quarter vehicle production and deliveries report, which pleased investors.' - let's be honest & clear, there are no 'investors' involved w this scam.

Is it true Elon? elonmusk

I suppose all of them are going to buy a Model Y.

He loves Dogecoin 🐕🐕🐕🐕🐕🐕

🤔

Too bad jimcramer could not get elonmusk to take his pledge.

GerberKawasaki hey, I need a smart/rich person to interpret this for me. Is this good or bad?

Most overvalued stock in history

His second quarter financials will show he had RECORD SALES and RECORD INCOME in spite of the fact no cars were made.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla could help make lithium ion batteries for ventilators to help fight COVID-19, says ResMed CEO Mick FarrellAmid a COVID-19 pandemic and ventilator shortage, Tesla purchased 1,000 'non-invasive ventilators' made by ResMed to donate to hospitals, explained CEO Mick Farrell. Typically, higher-end ventilators are recommended to treat patients. he is part of the 1% WHO Hold the CCP accountable by officially naming Covid-19 the 'CCP VIRUS'. Take it to the heart of the mess Accidental laugh face ooops!
Source: CNBC - 🏆 12. / 72 Read more »

Tesla Doesn’t Change Growth Goal Despite Coronavirus UncertaintyTesla said first-quarter deliveries of its electric vehicles rose 40% compared with a year ago while not addressing how the coronavirus pandemic might hurt future sales. LOL I’m not an accountant from China: Donald Trump on the accuracy of China's COVID-19 figures:
Source: WSJ - 🏆 98. / 63 Read more »

Stocks making the biggest moves in the premarket: Disney, 3M, Tesla, Apple, Peloton & moreThe stocks making the biggest moves in premarket trading include Disney, 3M, Tesla, Apple, Peloton, and more. NEED TO SHORT SELL 3M this company has let down the AMERICAN HEALTH CARE WORKERS. IT a company that is selling mask TO companies over sea when the USA HEALTH CARE WORKERS AND STATES need them. SO SHAMEFUL Ugh, my dads 3M stock is taking a beating. TumpBrokeTheEconomy
Source: CNBC - 🏆 12. / 72 Read more »

Tesla sees strong Model Y production, deliveries; shares riseTesla Inc said on Thursday production and deliveries of its Model Y sport utility vehicle was significantly ahead of schedule, as the company delivered the highest number of vehicles in any first quarter to date. You want to do that right now? Really? Title and article say two different things lol Thats the most fu**ed up clickbait, bait and switch crap in a long time
Source: Reuters - 🏆 2. / 97 Read more »

Tesla delivers 88,400 vehicles in Q1The coronavirus COVID-19 outbreak affected Tesla production in China and the U.S. Cracking that whip! Amazing!! Your hostess Sarah is the worst!! She is always so negative. I hate her!!
Source: CNBC - 🏆 12. / 72 Read more »

Tesla soars on delivery numbers -- company delivered 88,400 vehicles in Q1The coronavirus COVID-19 outbreak affected Tesla production in China and the U.S. TheAntiChanos But do they have any real profits? It still just selling tax credits. Isn't Socialism great? How about ventilators?
Source: CNBC - 🏆 12. / 72 Read more »