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Tesla (TSLA): We Never Said What We Would Pay Gigafactory Workers

April 16, 2015 9:46 AM EDT

Following reports earlier in the week that caught the market's attention, Tesla Motors (Nasdaq: TSLA) is refuting claims that the company is planning to pay an hourly wage of $25 per hour at its Gigafactory battery plant outside of Reno, Nevada.

According to the Detroit Free Press, Tesla spokesperson Khobi Brooklyn said the company never stated what it would pay workers at the facility. We did submit an application to the state of Nevada last October which included projections of average hourly wage costs for its operational workforce that were informed by regional wage trends, Brooklyn noted.

Earlier in the week, several labor experts said they were surprised at Tesla's proposed wages, but said the pay wouldn't impact wage negotiations between the Big 3 (GM, Ford, FCA US) and the United Auto Workers.

Shares of Tesla are just about flat in early trading Thursday.



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