Wall Street analysts are weighing in on what they expect to hear from Tesla at the company’s “We, Robot” event on Thursday night and what the ramifications may be for the company.
FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gigafactory near Berlin, in what the U.S. electric carmaker called an "optimistic assessment of the further development of e-car production". Tesla said that at the last staff meeting, works council head Michaela Schmitz had called on management to cut temporary work and bring more staffers into permanent employment.
Tesla stock falls ahead of the electric-vehicle maker’s highly anticipated Robotaxi Day, and Delta’s earnings miss analysts’ forecasts.