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Tesla (TSLA) trades down following price cuts in China
January 12, 2024 7:53 AM ESTShares of Tesla (NASDAQ: TSLA) are down more than 3% in pre-market trading Friday morning after the electric automaker officially reduced the price of their Model 3 and Model Y in China, with cuts ranging from Rmb6.5k to Rmb15.5k.
According to channel checks conducted by Morgan Stanley, the reduction was more moderate than what the... More
Shares fall as Tesla (TSLA) announces increased pay for U.S. workers
January 11, 2024 9:31 AM ESTShares of electric vehicle giant, Tesla (NASDAQ: TSLA) are trending down more than 1.5% in pre-market trading Thursday morning after it was announced that the company notified workers at its California car plant of pay increases across its US factories.
This announcement marks the latest bump by a nonunion automaker as the United Autoworkers Union (UAW) works to increase membership in the U.S.
Tesla's facility in Fremont, California, has announced a "market adjustment pay... More
