Ominous Developments at Tesla



Posted by Ed 14 days ago
Literally hours after we reported that Tesla was firing even more people at its Fremont, California factory – layoffs that appeared to have not been included as part of a disclosed plan – the company implemented even more significant cost-cutting efforts that have already affected employee work schedules and impacted the supply of parts used to make vehicles.

As CNBC reports, Tesla is sending employees home and cutting basic inventory at its Fremont factory.

The report stated that there were several new cost reduction measures launched by Tesla, but these haven't made public.

First, the company is apparently asking employees to work remotely and keep their travel costs to a minimum.

Second, the company is telling hourly employees at its Sparks, Nevada Gigafactory, where Tesla makes batteries and drivetrains, to leave in the middle of their shifts. The company is also telling employees to take paid or unpaid time off, according to the report.


Ed 14 days ago
Tesla doesn't know where it will build the Model Y as it rolls out more layoffs and cost cuts

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