Tesla lays off 100 workers in Fremont?

[derekt75]

My mother-in-law just told me that they were laying people off in Fremont.
best I could find from google was this:
TESLA Lays off 100 Workers Due to NYT Article Cancellations? - Bright Side Of News*

I'm surprised there's not more chatter about it on this forum or on the web in general?

 

[ckessel]

My mother-in-law just told me that they were laying people off in Fremont.
best I could find from google was this:
TESLA Lays off 100 Workers Due to NYT Article Cancellations? - Bright Side Of News*

I'm surprised there's not more chatter about it on this forum or on the web in general?

I think it's just the result of what Tesla mentioned in the earnings call, that they were ramping down the temporary workers they'd hired for the Q4 crunch as they improved the efficiency of the production line.

 

[Chuck Lusin]

I wonder if this is true, TM also said that it is going to pay the FEDs back 5 years early. I don't think that they are having any money issues.

 

[Doug_G]

Either poor journalism or a hit piece.

This is no surprise. Tesla hired a whole bunch of temporary workers to help them get through the production ramp. They said in the last conference call that they were going to let all of them go, as they were trying to improve efficiency.

 

[Elshout]

I couldn't find anything in the printed news other than on http://www.brightsideofnews.com/. There was a brief news piece on KTVU San Francisco this morning. If in fact there has been a layoff, I would place my bet it would be some of the temporary workers employed in Q4 to push out as much production as possible. Elon has made it clear that TMC must production must be more efficient than it has been.

 

[yobigd20]

Nothing new. They said several times those workers were temps and that they'd be let go once the production line efficiency improved. Glad to see they hit that level! Actually I think that's great news!

 

[montgom626]

TM is doing just fine. A 100 workers? That is nothing. Heck, as previously noted, they are repaying their loan early. No one repays early unless things are going well.

 

[Todd Burch]

http://www.nbcnews.com/id/51054430#.UTqd8Yy9KSM

Always be careful to get your news from a real news source...not a blog passing itself off as a real news source.

 

[DrDave]

Agree this is not really news. If they had fired the VP of Manufacturing (they didn't) or something like that maybe, but this was expected.