Tesla Shutters Production Line of Model S and X Vehicles

Even as the company works to meet ambitious year-end production and delivery goals, Tesla (NASDAQ: TSLA) will be closing down its Fremont plant for 18 days over the holidays. That's according to an email sent to company employees of the California production facility, as reported by CNBC.

Staff working the production lines will receive a full week of pay as well as paid holidays during the two-and-a-half-week shutdown, which will begin on Dec. 24, with employees returning on Jan. 11. That leaves workers footing the bill for the additional three unpaid days between Dec. 28 and 30.

Image source: Tesla.

Continue reading


Source Fool.com