In February 2020, before Covid came to the US, I wrote this article predicting that Tesla would most likely meet its April hiring deadline for its plant in Buffalo, NY. I think that this was
predicting that Tesla would most likely meet its April hiring deadline for its plant in Buffalo, NY. I think that this was one of the key pieces of news that had people up in arms before the pandemic, and later on, the 2020 US presidential election distracted all of us.
My prediction was off, but Tesla was able to get an extension on that deadline to December 31, 2021. Thereported today that Tesla has now reached that job goal. Tesla currently has 1,460 employees at its gigafactory in South Buffalo. In exchange for $950 million in subsidies, Tesla had to meet a mandate to employ 1,460 workers. There was a lot going on and right when it seemed that Tesla was going to make that April deadline, Covid-19 hit and everything was shut down.
Lent added that the number of jobs that Tesla reported in mid-November far exceeded its year-end deadline for the plant — a deadline that would have cost Tesla $41.2 million if it didn’t reach its job target.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk owes $11 billion in taxes after wrapping up his Tesla stock salesElon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He'll end up with one of the largest tax bills in history to show for it.
Read more »
Tesla Model Y Long Range review: resistance is futileFirst drive on UK roads of Model Y electric SUV – and latest news on 4680 battery version and Berlin gigafactory
Read more »
Elon Musk owes $11 billion in taxes after wrapping up his Tesla stock salesElon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He'll end up with one of the largest tax bills in history to show for it.
Read more »
Stocks making the biggest moves midday: Victoria's Secret, Tesla, Didi and moreThese are the stocks posting the largest moves in midday trading.
Read more »
New Volkswagen ID.3 vs used Tesla Model 3The Volkswagen ID.3 is a class-leading new electric car, but for just a little bit more you could have a used Tesla Model 3. Which it the better buy?
Read more »
Stocks making the biggest moves premarket: Cal-Maine, Tesla, Alibaba and othersThese are the stocks posting the largest moves before the bell.
Read more »