Tesla-Heavy ETFs Affected by Latest Reorganization Measures
Tesla told 9 percent of its 46,000-employee workforce on Tuesday that it will cut salaried positions in a reorganization measure that will affect 4,100 jobs. These cuts came after the Palo Alto, California-based company added 8,000 jobs at the start of the year. The cuts were looming as Tesla CEO Elon Musk warned employees in [...] Read more on ETFtrends.com.
This article was provided by our partner Tom Lydon of etftrends.com.