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Tesla slides as an unwinding tax credit means more expensive cars for customers

4 monthes ago   |   By Business Insider

Tesla
A tax credit worth $7,500 for Tesla customers will end next year, the company confirmed Thursday.
Shares of the company sank 1.6% in trading following the news.
Also on Thursday, employees told Bloomberg Businessweek they were forced to walk through raw sewage on the factory floor.
Follow Tesla's stock price in real-time here.
Shares of Tesla were down 1.7% in trading Thursday after it confirmed a lucrative tax credit will end next year , making its electric cars more expensive for potential customers. Additionally, a Bloomberg Businessweek profile outlined several possible safety...
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Some Tesla employees reportedly develop a zombie-like 'Tesla stare' after working shifts that can last up to 16 hours

Some Tesla employees reportedly develop a zombie-like 'Tesla stare' after working shifts that can last up to 16 hours

4 monthes ago   |   By Business Insider

Tesla
Some Tesla employees work such long hours they develop a zombie-like "Tesla stare," Bloomberg reports.
Current and former employees told the publication they drank large amounts of Red Bull, some of which the company gave them for free, to fight off the fatigue caused by 12-16 hour shifts.
"They come in vibrant, energized," one employee told Bloomberg. "And then a couple weeks go by, and you'll see them walking out of the building just staring out into space like zombies."
Some Tesla employees work such long hours they develop a zombie-like "Tesla stare," Bloomberg reports.
Current...
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