Thursday, September 18, 2025

Latest

Former Employees Sue Tesla For Alleged Violation Of Federal Laws During “Mass Layoffs”

According to a lawsuit filed by two former employees against Tesla (NASDAQ: TSLA), the EV-maker allegedly failed to provide 60 days of advance notice during a recent round of layoffs. This notice period is required by federal law through the Worker Adjustment and Retraining Notification Act.

The lawsuit, filed by John Lynch and Daxton Hartsfield in the US District Court for the Western District of Texas, seeks class-action status for employees of the company that were laid off in the US in May or June without the 60-day notice, as well as pay and benefits for the 60-day notice period.

According to the filing, “Tesla has simply notified the employees that their terminations would be effective immediately.” The company also allegedly failed to provide a basis for reducing the notice period to zero.

Reports say that in leaked internal emails sent by CEO Elon Musk, he had a “super bad feeling” about the economy. Tesla has suffered major production drawbacks precipitated by the Covid lockdowns in Shanghai, and while the American EV maker still tops the global market, Bloomberg reports that Volkswagen is projected to overtake Tesla in 2024.

At an event hosted by Bloomberg on Tuesday, Musk, who over the years has been reported multiple times to be involved in the questionable treatment of employees in his companies, dismissed the lawsuit.

“That is a small lawsuit of minor consequence,” he said. “Anything that relates to Tesla gets big headlines, whether it is a bicycle accident or something much more serious.”


Information for this briefing was found via Reuters, MSNBC and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Tesla Recalls Almost Every Car It Has In China

Tesla Inc. (Nasdaq: TSLA) recalled nearly all of its vehicles in China owing to a...

Friday, May 12, 2023, 11:03:31 AM

Meetings-To-Go: Zoom Will Soon Bring Conference Calls Into Your Tesla

Zoom (NASDAQ: ZM) has officially announced that the popular video conferencing app will soon be...

Wednesday, November 9, 2022, 04:31:00 PM

Elon Musk Again Tries To Back Out Of Twitter Takeover With Second Termination Letter

Another cancellation notice has been received by Twitter (NYSE: TWTR) from Elon Musk and his...

Tuesday, August 30, 2022, 08:50:00 AM

Musk Team’s Legal Move Backfires, Ends Up Revealing X’s Full List of Investors

A federal judge has ordered Elon Musk’s X to make public its list of shareholders,...

Thursday, August 22, 2024, 11:04:00 AM

EV Price War Likely To Intensify, Fueled by Aggressive Spending Plans

The price war that Tesla, Inc. (NASDAQ: TSLA) initiated two months ago in the electric...

Saturday, March 18, 2023, 01:37:00 PM