Elon Musk email says Tesla sent 'incorrectly low' severance packages to laid-off employees
Publishing timestamp: 2024-04-18 13:26:42
Summary
Tesla sent some laid off-workers "incorrectly low" severance packages, CEO Elon Musk apologized and said the issue would be corrected immediately. The company is restructuring and cutting more than 10% of its global workforce. Musk also hinted at a shift in strategy towards robotaxi development. Tesla shares have dropped about 37% this year.
Sentiment: NEUTRAL
Tickers: TSLA,
Keywords: elon musk, business news, autos, climate, venture capital, technology, tesla inc,