Tesla told Austin workers on its Model Y and Cybertruck lines to stay home for the week of Memorial Day, three workers told Business Insider.
The break is unusually long, the workers said. Production lines were up and running during the same period last year, they said.
The electric vehicle maker notified employees earlier this week. The workers, who are paid hourly, were told they could either take paid time off or come in for cleaning and training but would not be working on the production line.
Tesla deliveries dropped 13% year over year during the first quarter.
If anyone still has Tesla stock it’s probably a good time to sell.
The good time to sell was December…
Suppose it’s now a “less bad” time than it’s probably going to get.
Anyone who has a 401k likely has Tesla stock, unfortunately.
I expect whoever runs that is really good at trading.
Everyone that owns a S&P500 index or other similar ones owns Tesla shares. All pensions will own some amount. Collectively these pensions probably have 10s of billions or more in Tesla.
I was being sarcastic. But that’s scary.
If anyone still owns a Tesla it’s probably a good time to sell it.
…as parts.