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| 194 USD | +15.31% |
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193.3 | -0.41% |
| 10:17am | Shift to new models, weak demand hit Europe's automakers | RE |
| 09:15am | News Highlights : Top Global Markets News of the Day - Tuesday at 3 AM ET | DJ |
April 17 (Reuters) - Tesla plans to lay off 285 employees in Buffalo, New York, a legally mandated notice showed on Wednesday, as the electric-vehicle maker trims 10% of its workforce.
The notice was issued under the Worker Adjustment and Retraining Notification (WARN) Act which requires employers to provide a 60-day notice before layoffs.
The company has a total of 2,032 employees across the impacted sites in Buffalo. (Reporting by Aditya Soni in Bengaluru; Editing by Maju Samuel)
| 1st Jan change | Capi. | |
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| -44.48% | 7.64B | |
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TESLA, INC. 
